Options
- A
SEBI and the Sponsors
- B
SEBI and the Sponsors and the Trustees
-
SEBI and the Investors
Correct answer
- D
SEBI and the Trustees
Why this is the answer
AIFs must ensure transparency by reporting to SEBI and providing disclosures to investors under regulation 22 of the SEBI AIF Regulations.
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.