Alternative Investment Fund (AIF) Mock Quiz -2

All the tyes of Alternate investment Fund are divided into _________ category under the SEBI AIF regulations for the purpose of registration and other operational requirements.

Under Regulation 22 of the SEBI AIF Regulation 2012, all AIF shall ensure ____________-

The ________________________ is also know as Hurdle rate in the AIF ecosystem and is often used by managers to ensure minimum return to the Investor

___________________ is the process of investigation and evauation performed by investor into the details of the potential investents.

The Investment anagement Agreement is required to be entered between the _________________ and the Investment manager.

KEY MAN in the AIF context means a key person or persons involved with the allocation of financial resources to the fund.

_______________ represent the difference between the observed return of an asset and the observed return of its market benchmark.

Fund documents are an important aspects of the ____________ exercise

Non-convertble debentures is issued with a face value of INR 100 at 10% Yield, it means that the debentures would be entitled to Simple Interest of _____________.

The conversion of Preference shares of an Indian Company into a normal is considered a taxable transfer as per the Income Tax Act 1961

The infrastructure fund performs well on the parametre of _____________________-

The minimum networth for a Non Individual Investor in an SEBI registered Angek Fund is _______________

The minimum networth for a Individual Investor in an SEBI registered Angek Fund is _______________

The findings of the audit along with the corective steos (if any) shall be communicated to trustee ansd SEBI within __________ days

ROI and FIRR are complementary metric in risk and return management where the only difference between the two is the ___________

Cat I and Cat II AIF are about primarily taking ________________ in financial investment.

In contrast with the affirmative rights, a _____________ is oppose a corporate action even if it has a required majority.

Investment Managers performs their duty of ________________ at the fund level by regularly making , monitoring underlying investments.

In case of Cat I & Cat II AIF, the minimum tenure of the fund if there is only one scheme under it manageent shall be ________ years

In case of Cat I & Cat II AIF, the maximum tenure of the fund if there is only one scheme under it manageent shall be ________ years

The CTR (Compliance Test Report) shall be submitted by the manager to the sponsor within _________ from the end of FY.

In case the AIF is a trust, the CTR shall be submitted to the

____________ Investment are valued using the milestone approach or scenario analysis

In trust structure, ______________ needs to be furnished to the investor to show their determinate share in the trust.

Insider Trading is a prt of Due delligence under ____________-

The pure offshore AIF fund requires registration and compliance with the SEBI FVCI (Foreign Venture Capital Investment) regulations since it is ________________-

The Asset Based Valuation can be done by _______________-

_______________ are used to hedge against Inflation

The following right enables investors to reverse any incentives fees taken by the manager during the life of the investment.

The remuneration for iNvestment manager in an AIF can be _________________

The Asset in an AIF shall be liquidated within ___________ form the date of intimation to SEBI by the B0ard of Directors (BOD) on winding up.

The Alternate Investment are _____________ as compared to traditional Investment.

The ______________ is normally carried out by the investment team itself due to their in-house expertise and industry network.

In private Equity investment, Investor typically look to acquire controling stake of _________ of a target company

______________ may accept muted returns for their investors.

each investment in a Ventire Capital Unit by an Angel Investor should not exceed ____________

The Due delligence of investment management team shall include its strength in _____________

The networth criterion for target companies in Angel Fund has to be ______________

The minimum investment amount for directors, employees, and fund managers in an AIF is _____________

The ___________ emerged with a focus on specific niche in the AIF investment world.

Amercian Waterfall is suitable for ____________

Angel funds shall not invest in LLP in which the trustee of the AIF holds, either individually or collectively more than ______________ of its paid up equity share capital.

In International markets, the leading Investors in Alternate Investment in bth Private and Public markets are _____________

InvITs are preffered by low risks long term investor such as __________

The quantitative selections of AIF shall include parametres such as ____________

Distributor of AIF is the vital link between the Fund and the potential investors.

In case of _____________, the redemption of units of AIFs for the investor thrugh Sale of underlying assets shall provide for exit options

The Alternative investment for investors shall includes ___________

____________ especially important to share important technical information and is used extensively as a matter of convention.

Private Placement Memorandum (PPM) is a part of the _____________-

The ____________ is an investment basis, sales proceed of which are, net of taxes, eligible to be remitted outside India to the foreign benefeciary account in fully convertible foreign exchange.

Prices of____are determined by the long term interest rates.

In a zero coupon bond the Macaulay Duration will be___

The ‘Quarterly’ month for the purpose of expiry of interest rate derivative is

You have bought a car by taking a vehicle loan at fixed interest rate. Which of the following is true in this case ?

If the shape of term structure is INVERTED, this means that_

Most consumer loans and housing loans are structured as

If the difference between Long term Rates and Short term Rates rises or widens (from positive to more positive or from negative to less negative), than the term structure of rates (shifts) is called

The price of derivatives is determined by the demand and supply factors – State True or False ?

The margins for outright future trades will be _Calendar spreads.

A trading member has two clients – Client A and Client B. Client A has a net long position of 12 and Client B has a net short position of 10. What is the net position for the trading member ?

When the term structure curve shifts in anti-clockwise direction, the shift is ___

There is a trade guarantee in which of the following trades ?

The seller can deliver___for the entire obligation.

The Public Debt Office is the depository for __

Interest rate risk is also known as

___a demat account for Govt. securities which is maintained with Public Debt Office of RBI by the Primary dealers for its own holdings.

Which is the risk you face if the prices of cash treasury bills and treasury bills futures are not the same ?

The maximum contract months available for Treasury Bill futures is _

To convert interest rate into interest amount, we need to know the _

In an Immediate or Cancel’ order _

What is the settlement method for bond derivatives ?

____are members of Clearing Corporation.

Which of these risks is most severe for Banks and Financial institutions ?

An action which does not result in any profit or loss in future is known as___