n NISM Certifications
X NISM Series X
Medium

According to SEBI (AIF) Regulations, Category I and II Alternative Investment Funds (AIFs) shall have a minimum tenure of three years, making them close-ended schemes with a specified minimum investment period.

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

    Five

  2. Three

    Correct answer

  3. C

    Three to five

  4. D

    Seven

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

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