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

Key Information Memorandum (KIM) and Scheme Information Document (SID) are two broad types of scheme documents - State whether True or False?

Practice question from NISM Series V A - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    True

  2. False

    Correct answer

Why this is the answer

The primary scheme documents are Scheme Information Document (SID) and Statement of Additional Information (SAI). The Key Information Memorandum (KIM) is a summary of the SID and SAI, not one of the broad types of scheme documents.

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