Chartered Family Office Manager Mock Quiz – 1

Investment fund under the Income tax Act 1961 refers to the ___________

A fund that provide both equity and unsecured debt financiang to early stage start-ups would classify as which of the following?

An allignment if interest is is required between

An AIF that aims ot invest in listed securities and the derivatives and other complex trading stargies is categorised as __________

Which of the following is the eligible condition for being the sponsor of the AIF?

What is the minimum contribution requirement to start an AIF under Cat I & II?

The minim number if clients allowed in an AIF is ___________

The following category of the investor is not suitable for uinvestment in AIF?

Break up value of share is arrived at using ___________-

The fund has to maintain records relating to

A Fund has a PIC of 0.90 means __________–

The following tes of income will most likely be taxed as Income from Other Sources for a category III AIF, except ______________-

An AIF is liable to deduct at the rate of _________%, at the time of credit or at the time of payment of such income , whichever is earlier to the account of a resident investor

As per the SEBI regulations, all the Cat I & II AIF are supposed to disclose the details of the find investment objective, fund structure Investment methodology to the potential investor in their _____________

In Cat I & II AIF, Distributor may also assist in completing the KYC Documentation and verification process. State whether TRUE or FALSE

The inevstment manager shall clearly disclose the vauation method adopted by the fund for the valuation of illiquid securities approved by a __________

The ______________ is the thresh hold return iver which the Investent manager will be eligible to earn incentives fees

The minimum amount for investment in Angel fund is __________-

The ________________ includes a Principal Purpose tests wherein tax benefits under a Double Taxation Avoidance Agreement (DTAA) can be denied if one of the purpose n arrangement or a transaction was to directly or indirectly obtain tax benefit.

Complex fund structuring is requiredwhich makes it difficult for investors to comprehend in Alternate Investment. State true or False

If an IPO fails to get _____ overall subscription (including QIB, NII, and Retail) by the last day of the issue then the IPO is cancelled.

In case of a fresh issue of Shares as a ‘Fixed Price Issue’, who decides the price at which the shares will be issued?

In case of issue of Shares as fixed price issue, investors need to pay _____ of the price of the share at the time of bidding for the share

In an IPO, the SEBI (DIP) guidelines permit only _______ to have an option of applying at ‘CUT OFF PRICE’.

Retail Individual Investors (RIIs) – In an IPO, any individual investor who is willing to subscribe for shares less than or up to

What is the minimum amount for an Anchor Investor to bid for in IPO to participate?

To participate as Non-institutional Investors (NIIs)/High Net-worth Individuals (HNIs) in an IPO what is the min amount they must apply for?

As per SEBI norms, what percentage of the total IPO offering should be reserved for High Networth Individuals (HNIs) ?

What percentage of total IPO offer by a company should be reserved for Retail Individual Investors (RIIs)

Companies who have NOT registered profits in the last 3 years, are allowed to allocate only ______ to retail investors in an IPO.

Which of the following MIGHT NOT be a reason for a stock market to lose value suddenly?

In an IPO, out of the shares reserved for QIIs, up to ____ of the shares can be sold to Anchor Investors.

SEBI has mandated that Institutional Investors/Qualified Institutional Investors (QIIs) cannot be allocated more than ___ % shares in an IPO

In case of an IPO through Book Building mode, the cap on the Price Band should be less than or equal to ______ % of the Floor Price.

In case of an Initial Public Offer, the Floor Price or the Offer price cannot be lesser than …………… of the securities.

Which of the following is the first international stock exchange in GIFT City?

Who regulates insurance companies operating in GIFT IFSC?

Which bank became the first to set up operations in GIFT IFSC?

What is the tax benefit for units set up in GIFT IFSC under Income Tax Act?

Which law governs arbitration and dispute resolution for IFSC?

GIFT City is planned to be built over how many hectares?

Which modern utility feature is implemented in GIFT City?

GIFT City uses which utility infrastructure model?

Which of the following is NOT part of the GIFT City vision?

What kind of tax regime is available in GIFT IFSC?

Who is the master planner of GIFT City?

Which building in GIFT City houses financial institutions and companies?

Which global auditing firm has its back-office in GIFT City?

Which real estate firm developed residential projects in GIFT City?

Which fintech regulatory sandbox is hosted in GIFT City?