n NISM Certifications
X NISM Series X
Medium

SEBI’s circular on stewardship responsibilities emphasizes actions like maintaining records of conflict discussions and segregating voting functions to address conflicts of interest in fund management.

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

    Record minutes of conflicts discussions

  2. B

    Segregate voting and sales functions

  3. C

    Support uniform pay structures

  4. A and B only

    Correct answer

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.