Options
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Yes
Correct answer
- B
No
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X NISM Series X
Medium
#NISM XIX A for AIF Distributors
The ‘Governance Structure’ section of a Private Placement Memorandum (PPM) details the structure of the fund’s management and key stakeholders, including the sponsor, trustee, investment committee, and key personnel, providing transparency on governance arrangements.
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.