n NISM Certifications
X NISM Series X
Medium

The most common structure adopted for a domestic AIF in India is a trust, formed under the Indian Trusts Act 1882, which is preferred due to its legal recognition and operational flexibility. Trust-based structures facilitate regulatory compliance and investor protection in domestic funds.

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

    NBFC

  2. B

    Company

  3. Trust

    Correct answer

  4. D

    Partnership

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

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