n NISM Certifications
X NISM Series X
Medium

Under SEBI (AIF) Regulations, investments in shares of entities listed on an Institutional Trading Platform (such as SME exchanges) are deemed to be investments in unlisted securities when made by Category I or II AIFs, affecting valuation and exit parameters.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Government Securities

  2. B

    Bonds and Commercial Papers

  3. Shares of entities listed on Institutional Trading Platform

    Correct answer

  4. D

    Rights issue of a listed company

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

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