Options
-
True
Correct answer
- B
False
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.
'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(180 90)'><rect x='0' y='40' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.18' transform='rotate(-6 140 105)'/><rect x='10' y='30' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.35' transform='rotate(-2 150 95)'/><rect x='20' y='20' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.95'/><circle cx='160' cy='85' r='28' fill='none' stroke='%23FF801E' stroke-width='3' stroke-opacity='0.5'/><text x='160' y='95' font-size='34' font-weight='900' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text><rect x='40' y='40' width='80' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><rect x='40' y='130' width='100' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><g transform='translate(330 100)'><ellipse cx='0' cy='30' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.4'/><ellipse cx='0' cy='15' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.6'/><ellipse cx='0' cy='0' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.95'/><text x='0' y='4' font-size='12' font-weight='800' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text></g></g></svg>)
X NISM Series X
Medium
#NISM XIX A for AIF Distributors
The minimum disclosure standards mandated by SEBI in the Private Placement Memorandum (PPM) are not applicable to angel funds, as defined under the AIF Regulations, nor to schemes where each investor commits a minimum capital of INR 70 crore or more. These exemptions are specified to reduce compliance burdens for such specialized funds.
Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.