n NISM Certifications
V-A NISM Series V-A
Medium

A synopsis of the scheme-related information documents is found in the _____.

Practice question from NISM Series V A - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Statement of Additional Information (SAI)

  2. B

    Articles of Association

  3. C

    Trust Deed

  4. Key Information Memorandum (KIM)

    Correct answer

Why this is the answer

The Key Information Memorandum (KIM) is a concise version of the Scheme Information Document (SID) and Statement of Additional Information (SAI), providing a summary of the scheme to help investors make informed decisions.

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