Options
- A
Enforce liquidation of investee
-
Get preference in liquidation proceeds
Correct answer
- C
Convert preference shares into equity in liquidation
- D
Liquidate without winding up
Why this is the answer
Liquidation preference ensures the AIF receives a specified amount before other shareholders in case of asset liquidation.
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.