NISM Series II-B (Mock Test) Past Questions and Answers PDF

NISM Series II-B is a certification examination for Registrars to an Issue and Share Transfer Agents (Mutual Funds).

To prepare for this exam, candidates can use various study materials, including mock tests, question banks, and workbooks. Here is a comprehensive guide on NISM Series II-B (Mock Test) Past Questions and Answers PDF:

NISM Study Material: offers a free NISM study material in PDF format that covers all the important topics included in different modules of the NISM test

The workbook aims to offer a good understanding of various hedging and trading strategies. The content is divided into modules to make the learning process much easier for the aspirants. Pass4Sure always adds only fully researched and updated content in the workbooks to serve the students with excellence.

NISM Mock Test: provides a free online NISM mock test series that contains 100 MCQ quiz questions.

 Candidates can download NISM model exam PDF question papers with answers of RTA, MF, and other modules. The mock test aims to help candidates practice and prepare for the actual exam.

NISM Workbook: and also offers a NISM workbook that covers the test objectives and the whole syllabus of NISM.

 The workbook has taken care of all the syllabus objectives given by the NISM itself. All the students whether they want to clear this test for the project placement or jobs can opt for this study material.

Practice Exam: and offers a free practice exam on Registrars to an Issue and Share Transfer Agents (Mutual Funds) to upgrade candidates’ skills for the upcoming exam.

 The practice exam contains 100% real exam questions, and candidates can practice objective questions with section-wise scores. The website also provides in-depth and exhaustive explanations for every question, reliable exam reports to evaluate strengths and weaknesses, and tips & tricks to crack the test.

Last Day Revision Test: and provides a last day revision test for NISM Series II-B in PDF format. 

The question bank contains questions that will help not only to pass the exams easily but also get good knowledge of the subject. The online mock exams contain questions that are similar to the actual exam




Question 1
_______ capital is/are for perpetuity from the point of view of the company.



Both debt and equity
Question 2
Equity capital gives returns to the investors in the form of:

(a) Dividend

(b) Capital Appreciation

Both (a) and (b)
Question 3
The interest that a company will have to pay on the debt raised will depend upon its_______.

Default Risk

Market Risk

Liquidity Risk
Question 4
Debt capital is always raised for short-term periods. State whether True or False.


Question 5
Which of the following is a hybrid security?

Equity shares

Preference shares

Non-convertible debentures

All the options above
Question 6
_____ rights give the equity investor a say in the management of the company.



Both voting and dividend
Question 7
A 20 percent dividend declared on face value of Rs 10 and market price of Rs 120 translates into a dividend payout of _____.

Rs. 2.00

Rs. 24.00

Rs. 20.00

Rs. 12.00
Question 8
Preference shareholders get preference over debenture holders in the payment of dividend. State whether True or False.


Question 9
Which of the following is/are examples of corporate actions?


Bonus issue

Stock split

All the options above
Question 10
A company may issue additional shares to existing shareholders without any capital contribution from the shareholders based on the number of shares an investor holds. This is known as _______.

Bonus issue

Rights issue

Preferential issue
Question 11
_________ of a bond refers to the interest payable on a bond.


Inflation rate on Principal

Market Price

Face Value
Question 12
A bond with a higher credit rating will pay _______ interest rates.



Question 13
The prices of bonds are ________ related to interest rate movements.



Question 14
A zero coupon bond is always issued at a premium. State whether True or False.


Question 15
The YTM of a bond is the yield that investors will earn on holding a bond to maturity. State whether True or False.


Question 16
Warrants are usually issued along with _________.

Equity shares

Preference shares


Mutual funds
Question 17
The non-convertible portion of a partly convertible debenture is ________ on maturity.

Issued as new debenture

Repaid in cash

Converted into mutual fund units
Question 18
The stocks which underlie a Depository Receipt (DR) issue are held by a __________.

Depository Bank/ (Local Custodian)

Stock Exchanges

Registrars and Transfer Agents

Stock Brokers
Question 19
Holders of Depository Receipts do not have _______ rights.



Dividend and Voting

Capital appreciation
Question 20
The payment of interest and repayment of principal, in case of a Foreign Currency Convertible Bond (FCCB), is in foreign currency. State whether True or False.



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