n NISM Certifications
X NISM Series X
Medium

The distributor agreement in an Alternative Investment Fund is signed between which parties?

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Custodian and the Distributor

  2. Investment management company and the Distributor

    Correct answer

  3. C

    Investor and the Distributor

  4. D

    Trustee and the Distributor

Why this is the answer

The agreement is signed between the AIF manager and the distributor, outlining services and legal clauses for distribution activities.

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.