n NISM Certifications
X NISM Series X
Medium

Which of the following is NOT a responsibility of 'Accreditation Agencies'?

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Seeking registration with SEBI on a yearly basis

    Correct answer

  2. B

    Processing applications for accreditation and issuing certificates

  3. C

    Maintaining confidentiality of investor information

  4. D

    Verification of accreditation status of investors

Why this is the answer

Accreditation agencies verify and process investor applications, maintain confidentiality, and issue certificates, but registration renewal is not their responsibility.

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