You must score at least 80% to complete this topic.1. Which body regulates mutual funds in India? SEBIAMFIIRDAMinistry of Finance2. Who regulates money market and foreign exchange market? RBISEBIAMFIStock Exchanges3. Under which regulations of SEBI is mutual fund covered? SEBI (Mutual Funds) Regulations, 1994SEBI (Mutual Funds) Regulations, 1995SEBI (Mutual Funds) Regulations, 1996SEBI (Mutual Funds) Regulations, 19974. Rules, regulations, guidelines, etc. of which organisation are applicable on mutual funds? Stock ExchangeRBISEBIAll the above 5. Where can appeal against SEBI be filed? Securities Appellate Tribunal SEBI Appellate TribunalAMFIHigh Court6. Is AMFI an SRO? NoYes7. Who is primarily responsible to create awareness about mutual funds? AMFISEBIAsset Management CompaniesMutual Fund Distributors8. What are the standards laid down by AMFI to promote investors’ interest called? AMFI Code of ConductAMFI Code of EthicsAMFI Guideline & Norms for Ethical Conduct9. Where can an intermediary file an appeal against cancellation of his registration? Securities Appellate Tribunal (SAT)SEBIAMFINone of the above10. Who has issued guidelines to prevent circulation of unauthenticated news by intermediaries? Ministry of Information & BroadcastingSEBIAMFIRBI11. What is the responsibility of the intermediary if his employees have access to Blogs/ Chat forums/ Messenger sites? Access should be under supervisionLogs of usage should be recorded and maintainedAll of the above12. Which distributor qualifies for a due diligence process? AUM over ₹100 crore across industry in non-institutional category including HNIsPresence at more than 20 locationsCommission over ₹1 crore p.a. across industryAll of the above13. What are the two categories under which customer client relationship and transactions be categorized? Advisory, Execution Financial Planning, AdvisoryRisk Planning, Advisory14. Can a distributor sell mutual fund product of distributor’s group/ associate/ affiliate? YesNo15. An intermediary has laid down internal code of conduct and appointed a Compliance Officer. An employee of his sends a market related rumour to the clients of the intermediary. Who is responsible? EmployeeCompliance OfficerNone of the aboveBoth a and b16. If a mutual fund distributor receives commission over ____________ p.a. across industry, he will qualify for due diligence review process. ₹10 Lakhs₹50 Lakhs₹1 Crore₹10 Crore17. What can lead to cancellation of intermediary’s registration? First violation of AMFI Guidelines & Norms for IntermediariesSecond violation of AMFI Guidelines & Norms for IntermediariesThird violation of AMFI Guidelines & Norms for IntermediariesFourth violation of AMFI Guidelines & Norms for Intermediaries Loading... Categories: Top Debt Funds