Millionaire Mode

AMFI Mutual Fund Certification Practice Test

Question 1 of 25

What is an equity warrant?

  1. It is nothing but an equity share of a company.
  2. It is a debit instrument that offers fixed interest rate.
  3. It is an instrument that gives the holder the right to purchase equity shares in a company at a fixed price in future.
  4. None of the above

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000