n NISM Certifications
X NISM Series X
Medium

In the ‘Track record of Manager’ section of a Private Placement Memorandum (PPM), the key points to be disclosed include the amounts deployed, gross internal rate of return (IRR), and gross multiple on invested capital (MOIC), but not the residual value to paid-in (RVPI). The focus is on past performance metrics and investment strategies.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A and B only

  2. B

    B and C only

  3. A and C only

    Correct answer

  4. D

    All A, B and C

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.