Quick and Easy Guides

MFD - Level 2 Certification
Fund Distribution and Sales Practices
Q1.
Which of the following is incorrect about a post-NFO transaction in open ended scheme?
Q2.
Unit holders can hold their units in:
Q3.
Internet technology has made it possible to transact in units without having to visit the offices of the AMC or distributor or RTA.
Q4.
Which of the following is incorrect about facilities of transacting through websites of AMCs ?
Q5.
The payment for fresh purchases on AMC websites can be done through:
Q6.
When a unit holder transfers money to AMCs bank account through NEFT/RTGS, the unit holder’s application and money transfer are directly linked.
Q7.
Each AMC website allows transactions in:
Q8.
A benefit of transacting through the distributor’s website is that it will allow the unit-holder to transact in units of several AMCs, with whom the distributor has tied up.
Q9.
The unit holders cannot transact using:
Q10.
For trading the units online in stock exchange, the investor is required to have
Q11.
BSE’s transaction engine platform is called:
Q12.
Transaction engines are meant for:
Q13.
An investor’s demat account may or may not be registered with the broker.
Q14.
For brokers to provide mutual fund services to investors:
Q15.
When broker transacts through a transaction engine to purchase new units, the units are initially credited to:
Q16.
Who is MFI?
Q17.
Mutual funds units can only be held in demat form.
Q18.
In case of debt schemes, transactions through transaction engine are not allowed for subscriptions of:
Q19.
Who is the counter party for the investor’s transactions?
Q20.
The investor’s transactions are protected by the settlement guarantee fund.

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