n NISM Certifications
X NISM Series X
Medium

According to SEBI (AIF) Regulations, all AIFs must disclose their valuation procedures and methodologies to investors, and Category I and II AIFs are required to undertake valuation of investments at least once every six months through an independent valuer.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    All AIFs will have to give valuation procedures to investors

  2. Category I and II AIFs will undertake valuation by an independent valuer every six months

    Correct answer

  3. C

    The Category II AIFs will undertake valuation once every three years

  4. D

    Both A and C

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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