n NISM Certifications
X NISM Series X
Medium

The ‘definitive agreement’ for an AIF investment is the Subscription Agreement. This agreement is a binding contract between the AIF and the investee company, outlining the terms of the investment, including the number of units, valuation, rights, and obligations of each party.

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. A

    Articles of Association

  2. B

    Trust deed

  3. C

    Private Placement Memorandum

  4. Subscription agreement

    Correct answer

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

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