Options
- A
True
-
False
Correct answer
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X NISM Series X
Medium
#NISM XIX A for AIF Distributors
The term 'key man' in the context of an AIF refers to an important person or persons involved in the allocation of financial resources to the fund, and this is true. The key man is a critical individual whose involvement impacts fund operations, but they are not directly responsible for resource allocation.
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.