'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(200 70)'><g><rect x='0' y='180' width='400' height='30' rx='4' fill='%23ffffff' fill-opacity='0.5'/><rect x='10' y='150' width='380' height='30' rx='4' fill='%23ffffff' fill-opacity='0.65'/><rect x='-10' y='120' width='420' height='30' rx='4' fill='%23ffffff' fill-opacity='0.8'/><rect x='30' y='184' width='40' height='4' rx='2' fill='%23FF801E' fill-opacity='0.7'/><rect x='40' y='154' width='60' height='4' rx='2' fill='%23FF801E' fill-opacity='0.5'/><rect x='20' y='124' width='50' height='4' rx='2' fill='%23FF801E' fill-opacity='0.6'/></g><g transform='translate(60 30)'><path d='M 0 80 L 0 10 Q 140 -10 140 10 L 140 80 Q 70 70 0 80 Z' fill='%23ffffff' fill-opacity='0.95'/><path d='M 280 80 L 280 10 Q 140 -10 140 10 L 140 80 Q 210 70 280 80 Z' fill='%23ffffff' fill-opacity='0.95'/><line x1='140' y1='15' x2='140' y2='75' stroke='%23FF801E' stroke-opacity='0.3' stroke-width='1.5'/><g stroke='%23FF801E' stroke-opacity='0.4' stroke-width='2' stroke-linecap='round'><line x1='20' y1='28' x2='110' y2='25'/><line x1='20' y1='42' x2='110' y2='40'/><line x1='20' y1='56' x2='80' y2='54'/><line x1='170' y1='25' x2='260' y2='28'/><line x1='170' y1='40' x2='260' y2='42'/><line x1='170' y1='54' x2='220' y2='56'/></g></g></g></svg>)
Options
- A
Profits of the Asset Management Company
- B
Mark to Market profits
- C
All realised and unrealised gains
-
Distributable surplus only
Correct answer
Why this is the answer
According to SEBI guidelines, dividends can only be paid out of the distributable surplus, which includes realized profits from the scheme. Unrealized gains, such as valuation gains, cannot be used to pay dividends.
Test yourself for real
Take a full NISM Series V-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.