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Deployment Quiz -Compliance

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Which amongst this is the by default Disclaimer to be given on each and every call.

a)

Mutual Fund Investments are Subject to Market risk, read all scheme related documents carefully

b)

Principal is at high Risk

c)

Past Performance may or may not be sustained in future

d)

None of the Above

2.

IF US/Canada person wishes to invest online than what needs to informed on call?

a)

Follow script and guide for investments

b)

Needs to takes follow up call back

c)

Guide Investor to Branch

d)

Take down details and forward to concern department

3.

Benchmark returns are read out along with scheme returns.

a)

True

b)

False

4.

If on call investor require details for Direct Investments than which amongst the following needs to be followed?

a)

BSO needs to pitch that please consult to your Mutual Fund Distributor

b)

BSO further should take follow up call

c)

BSO needs to take Investment details and share link

d)

BSO needs to disconnect call.

5.

Choose the correct Brand name to be followed on call.

a)

ICICI PRU Mutual Fund

b)

ICICI Prudential Mutual Fund

c)

IPRU Mutual Fund

d)

ICICI Mutual Fund

6.

While pitching schemes Comparison needs be done with schemes of other mutual fund to grab investor's Interest ?

a)

True , Pitch Depends on as per investors interest

b)

False, No Comparison to be done rather say we don’t have any information of other Mutual Fund House

7.

Which of the following Slogan needs to be pitched on call while explaining schemes ?

a)

Mutual Fund Sahi Hai!

b)

Ab Utar-Chadhav se Darr kaisa

c)

Both A and B

d)

No Slogans to be used on call

8.

Which of the following can be said as a strong consent ?

a)

Investor received sms as he clicked on it he got call

b)

Investor Received mail from ICICI Prudential Mutual Fund and he opens it.

c)

Investor got OTP verified and gave call back request

d)

Both A and C

9.

Riskometer for schemes is not required if schemes returns are not discussed

a)

True, Riskometer is not required on each call

b)

FALSE, After providing scheme name and features Riskometer needs to be given on call.

10.

Investor can be informed about the market conditions and future predictions can be made for current market scenario

a)

FALSE, Future predictions are not to be discussed however market scenario can be discussed

b)

True , To Grab investors interest the above pitch is helpful

11.

While discussing any scheme which four things needs to be taken into consideration ?

a)

Complete scheme name, scheme type , product label , Mutual Fund disclaimer

b)

Fund manager details, Complete scheme returns, Beta , Returns Disclaimer

c)

Mutual Fund disclaimer Beta of the scheme , returns disclaimer , Complete scheme name

d)

Fund manager details , Complete scheme returns, Product label, Mutual Fund disclaimer

12.

We can share approximate scheme returns as we are not giving any assurance of returns

a)

True , no assurance of returns to be given

b)

False, Returns exactly to be informed from Factsheet and than Returns Disclaimer to be given

13.

To know about the details of the other schemes managed by the fund manager which document Investor can refer?

a)

Website page to be guided

b)

Factsheet needs to be guided with accurate scheme page no.

c)

There is no such Document to be guided

d)

Scheme one pagers

14.

Which of the following words can be used on calls ?

a)

Good, Bad , Accurate

b)

Our scheme is giving these returns

c)

One of the best Fund Manager is managing this scheme

d)

None of the above

15.

Scheme recommendation is done according to the risk profile of the investor

a)

TRUE, Suggestions needs to be given as per risk profile

b)

False, It is as per recommended scheme by Fund Manager

16.

While Pitching Long Term Equity Fund Lock in Period is not to be informing lock in period is not mandatory

a)

True , As investor may not do investments.

b)

False, Details informed needs to be transparent and accurate

17.

We can suggest ideal scheme for our investor

a)

False, Scheme suggestions are done by professional fund manager.

b)

True , It is a type of pitch on call to be used.

18.

Returns Disclaimer needs to be discussed on each call by default

a)

True , To inform investors about the returns are not guaranteed

b)

False, Only on those calls where returns of the schemes are discussed

19.

As per performance guidelines it is mandatory to inform about the other schemes managed by the same fund manager

a)

True, Details informed needs to be transparent

b)

False, No such details are mandatory

20.

Riskometer of the scheme can be avoided on call and given on follow up call as call back has been taken

a)

True, It is allowed

b)

FALSE, Need to give Disclaimer's on the first call itself