Question 1

Processing dividend payout in Mutual Funds is role of

Options :

A : Sponsor

B : Trustee

C : AMC

D : Registrar & Transfer Agent

Answer: D

Question 2

Risk is

Options :

A : A peril

B : A hazard

C : A probability of loss

D : A certain outcome

Answer: C

Question 3

Pure premium and Loss Ratio methods are two methods to determine

Options :

A : Judgement Rated premium

B : Class rated premium

C : Merit rated premium

D : None of the above

Answer: B

Question 4

________ & ________ are functions of IMF

Options :

A : Surveillance, Technical assistance

B : Financial Assistance, improving living standards

C : Surveillance, United nations development business

D : None of the above

Answer: A

Question 5

Indicate whether the following statement is True or False. Money launderers often use professional intermediaries to layer their illegal funds. These professional intermediaries include lawyers, company formation agents, accountants and other professionals working in non-financial institutions. A banker is not generally regarded as a professional intermediary because he works in a financial institution.

Options :

A : TRUE

B : FALSE

Answer: B

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