n NISM Certifications
X NISM Series X
Medium

In fund due diligence, what does ‘Investment Process Review (IPR)’ mean?

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Assessment of drawdown process for investors

  2. Verification of investment approval and management process

    Correct answer

  3. C

    Depth of verification by due diligence agency

  4. D

    Verification of committed and disbursed amounts

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

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