1. Which of the following is a key principle for mutual fund advertisements?

2. SEBI prohibits mutual fund advertisements from using what type of language?

3. Which entity is responsible for ensuring no funds are parked in the short-term deposits of a bank invested in the scheme?

4. What is the maximum percentage that a mutual fund scheme can park in short-term deposits with commercial banks?

5. What is the restriction for investing in equity shares by a mutual fund scheme?

6. Celebrity endorsements are allowed under SEBI guidelines under what condition?

7. Which investment limit does not apply for government securities or treasury bills?

8. How should mutual fund schemes disclose dividends in advertisements?

9. SEBI guidelines mandate that performance advertisements for mutual funds must include what for funds existing for more than three years?

10. What performance metric must mutual funds disclose for a standard investment of ₹10,000?

11. SEBI’s guidelines on unauthenticated news prohibit market intermediaries from encouraging or circulating what type of information?

12. Which of the following is allowed for mutual fund advertisements in terms of language?

13. What should advertisements for mutual funds avoid using to prevent misleading investors?

14. SEBI mandates that advertisements for overnight funds must not reflect what?

15. What restriction is applied when mutual fund schemes invest in listed securities of a group company of the sponsor?

16. What is the right to beneficial ownership for unit-holders?

17. How can an investor receive mutual fund units?

18. Mutual fund units held in dematerialised form are:

19. In the case of ELSS schemes, free transferability of units is restricted for:

20. Investors can change their distributor by:

21. Can an AMC ask for a No Objection Certificate (NOC) when an investor changes their distributor?

22. Which document is NOT included in the right to inspect documents?

23. How many nominees can an investor appoint for their mutual fund units?

24. If no distribution percentage is indicated between nominees, the distribution will be:

25. Mutual fund units can be pledged as security for:

26. Who mandates the formal grievance redressal policy for investors?

27. The annual report of an AMC should mention:

28. SEBI can refuse permission to launch new schemes if:

29. In case of a change in the fundamental attributes of a scheme, investors are allowed to:

30. The exit window for investors after a change in fundamental attributes must remain open for:

31. The AMC must communicate changes in fundamental attributes through:

32. How many unit-holders are required to terminate the appointment of an AMC?

33. A resolution to wind up a scheme can be passed by:

34. Unit-holders can file a suit against:

35. If unclaimed mutual fund amounts are recovered after 3 years, they are paid based on:

36. Unclaimed mutual fund amounts can be invested in:

37. How much advisory fee can AMCs charge for managing unclaimed amounts?

38. Mutual funds must disclose details of debt securities transactions:

39. If a security yields a higher amount after maturity, and the amount is recovered within 2 years, it is:

40. If excess recovery from a non-recoverable security is not substantial and recovered after 2 years, it is:

41. Mutual funds must make continuous efforts to remind investors to claim:

42. Which of the following is a right investors have with respect to mutual fund services?

43. SEBI mandates mutual funds to disclose details of money market securities with a time lag of:

44. What happens to unclaimed dividends if not claimed within 3 years?

45. AMC can recover advisory fees on unclaimed amounts at a maximum rate of:

46. What regulations govern Asset Management Companies (AMCs) and Mutual Funds?

47. Who is responsible for conducting due diligence on distributors of mutual funds?

48. Complaints received physically by SEBI are:

49. AMFI Code of Ethics (ACE) is designed to:

50. AMFI’s Code of Ethics (ACE) supplements the SEBI Code of Conduct by:

51. Through SCORES, investors can:

52. SEBI’s Code of Conduct for AMCs and Trustees is found in:

53. AMFI Guidelines & Norms for Intermediaries (AGNI) apply to:

54. If an investor’s issue with the AMC is unresolved, who can they escalate the issue to?

55. Which entities are NOT covered by SEBI for complaint handling under SCORES?

56. If an intermediary breaches AMFI’s Code of Conduct, AMFI first:

57. What is SCORES?

58. AMFI gives an intermediary how many weeks to explain a breach of conduct?

59. What happens if the intermediary does not provide a satisfactory explanation within 3 weeks?

60. After the second proven violation by an intermediary, AMFI:

61. How can investors who are unfamiliar with SCORES lodge complaints?

62. Which of the following entities is NOT mentioned as covered under SCORES?

63. Which document outlines SEBI’s broad principles for AMCs?

64. AMFI’s AGNI applies to which type of intermediary?

65. What is AMFI’s first action when it finds an intermediary in breach of conduct?

66. How long does AMFI give an intermediary to respond to a notice of breach?

67. Which step occurs if an intermediary fails to provide a satisfactory explanation for a breach of AMFI’s Code of Conduct?

68. What is AMFI’s final step if an intermediary commits a second proven violation?

69. Can an intermediary appeal AMFI’s decision after their registration is canceled?

70. Which of the following entities can an investor NOT file a complaint against using SCORES?

71. What is the primary objective of the AMFI Code of Ethics (ACE)?

72. Which type of intermediary is covered under AMFI’s Guidelines and Norms for Intermediaries (AGNI)?

73. The SEBI Complaint Redress System (SCORES) can be accessed through:

74. If an intermediary is found in breach of conduct for a second time, AMFI will:

75. What action can an investor take if they are unable to access SCORES online?

76. Which of the following is required to be read before investing in mutual funds?

77. What principle governs mutual fund investments?

78. The Scheme Information Document (SID) provides information about:

79. Which document contains statutory information about the mutual fund or AMC?

80. Which regulatory body vets scheme-related documents?

81. Where are draft SID and SAI available for public viewing?

82. What does the ‘Riskometer’ indicate?

83. Which of the following is NOT one of the six levels of risk in a Riskometer?

84. What is SEBI’s role in scheme-related documents?

85. The fundamental attributes of a mutual fund are found in:

86. The segment on ‘Risk Factors’ in the SID includes:

87. Information about the minimum amount of purchase for a mutual fund is found in:

88. What is the purpose of the Scheme Information Document (SID)?

89. The section on ‘Eligible Investors’ is found in which part of the SID?

90. What does the ‘Asset Allocation’ section in SID describe?

91. The investment strategy of a mutual fund scheme can be found in:

92. Which document gives details of regulatory restrictions on investments?

93. What is described in the ‘Fees & Expenses’ section of SID?

94. The liquidity of a mutual fund investment is summarized in:

95. What does the ‘Benchmark’ section in the SID indicate?

96. In which section can investors find information about minimum balance requirements?

97. Transaction charges for purchasing units are found in which section of the SID?

98. Where is information on the demat form of holding investments found?

99. Which section of the SID deals with tax implications of a mutual fund scheme?

100. How is a closed-ended scheme different from an open-ended scheme?