July PKT-- Union/SBI

What is Current repo Rate?

• 6.90%

• 5.25%

• 7.5%

• 6.50%

For SIPs and STPs Investment , what charges are applicable ?

• Entry Load

• Stamp Duty

• STT

• NIL

A mutual fund has to report which of the following information of an investor who comes under the Foreign Account Tax Compliance Act (FATCA)?

• The entire investment value of all the folios of the investor

• The identity of the account holders

• The identity of the beneficial holders

• 
  

  All of the above

______ is / are Non Financial transaction(s) in a mutual fund. A) Switch B) Pledge of units C) Nomination D) Transmission

• 
  A, B and C

• 
  

  B, C and D

• A, C and D

• 
  

  C and D

Holding period of Equity scheme for Taxation is _____.

• 
  24 months

• 
  

  36 months

• 12 months

• 
  

  6 months

LTCG for Equity schemes as per new Union Budget-2024-2025 is ____.

• 
  10 %

• 
  
  15 %

• 12.5 %

• 
  

  20 %

Indexation is only applicable on Debt schemes

• True

• 
  False

• 
  Indexation has been removed

• None of the options

Indian mutual funds cannot invest in ______ .

• Real Estate

• 
  Art

• Securitized Debt

• 
  Gold

Stamp duty is applicable for which of these mutual fund transactions?

• 
  New Purchase

• 
  Systematic Investment Plan

• 
  Systematic Transfer Plan

• 
  All the options

To whom does the profits or losses made by the mutual fund belong?

• 
  The investors

• 
  The Asset Management Company

• Fund Managers

• 
  Trustees