n NISM Certifications
X NISM Series X
Medium

The Due Diligence Review (DDR) is conducted by an agency appointed by the investment manager, responsible for thoroughly evaluating the potential investee company before making an investment decision. This review includes assessments of business, financials, legal, and technical aspects to ensure informed investment choices.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The auditor of the AIF

  2. An agency appointed by the investment manager

    Correct answer

  3. C

    An investment bank appointed by the manager

  4. D

    The trustee of the AIF

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

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