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

Identify the true statement(s) -(A) An Addendum must accompany the KIM (B) Addendum is considered to be a part of the Scheme Related Documents

Practice question from Nism VA Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only A is true

  2. B

    Only B is true

  3. Both A and B are true

    Correct answer

  4. D

    None of them are true

Why this is the answer

An Addendum is issued to update or modify the Scheme Information Document (SID), Key Information Memorandum (KIM), etc. It is considered part of the scheme-related documents and must accompany the KIM.

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