n NISM Certifications
X NISM Series X
Medium

Assistance in the preparation of the Private Placement Memorandum (PPM) is not a service provided by an AIF distributor; rather, the PPM is prepared by the fund sponsor or manager, and the distributor’s role is to assist in KYC, marketing, and subscription support.

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

    Assisting in KYC documentation

  2. B

    Negotiating Side Letters

  3. C

    Support in Subscription Agreement

  4. Assistance in the preparation of PPM

    Correct answer

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

Test yourself for real

Take a full NISM Series X mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.