n NISM Certifications
X NISM Series X
Medium

If an AIF has a 'PUT OPTION' in the buyback clause, this enables it to _______.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Convert instruments into equity

  2. B

    Enforce investors to buy units

  3. Enforce buyback legally

    Correct answer

  4. D

    Sell its units to the investors

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

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