n NISM Certifications
X NISM Series X
Medium

If an AIF wants the services of a valuation expert from time to time, it will enter into a service agreement with the valuation expert. This arrangement ensures the availability of valuation services as needed and is part of the outsourced support functions.

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. The AIF will enter into a service agreement with the valuation expert

    Correct answer

  2. B

    Such services will be made a part of the management fee agreement

  3. C

    It will be provided in the investment advisory agreement

  4. D

    It will be incorporated in the investment agreement

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

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