Free Practice Questions for NISM Series XIX-C
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Key Facts: NISM Series XIX-C Exam
60%
Passing Score
NISM
120
Questions
90 MCQs + 30 case-based
3 hours
Duration
180 minutes
₹3,000
Exam Fee
NISM
The NISM Series XIX-C: AIF Managers exam requires a 60% passing score in a 3-hour duration. The exam fee is ₹3,000, with a 25% negative marking penalty for incorrect answers.
Sample NISM Series XIX-C Practice Questions
Try these sample questions to review concepts for the NISM Series XIX-C exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1What is the minimum corpus required for Category I and Category II Alternative Investment Funds (other than angel funds) under SEBI regulations?
2What is the minimum corpus required for an Angel Fund to register as a sub-category under Category I AIF?
3What is the minimum investment amount required from a regular investor (not an employee/director of the AIF/manager) in an Alternative Investment Fund in India?
4Under SEBI (AIF) Regulations, what is the minimum investment amount required for employees or directors of the AIF or its manager?
5What is the passing score required to clear the NISM Series XIX-C: Alternative Investment Fund Managers Certification Examination?
6What is the validity period of the certificate awarded upon passing the NISM Series XIX-C: Alternative Investment Fund Managers Certification Examination?
7What is the minimum tenure required for close-ended Alternative Investment Funds (AIFs) from the date of final close under SEBI regulations?
8By how many years can the tenure of a close-ended Alternative Investment Fund (AIF) be extended, subject to the approval of two-thirds of the investors by value?
9Which of the following AIF categories is defined as those funds that invest in start-ups, early-stage ventures, social ventures, SMEs, or infrastructure, which the government or regulators consider socially or economically desirable?
10Which category of Alternative Investment Funds (AIFs) is permitted to employ diverse or complex trading strategies, including leverage through investment in listed or unlisted derivatives?
About the NISM Series XIX-C Exam
The NISM Series XIX-C Certification Examination establishes a minimum knowledge benchmark for Alternative Investment Fund (AIF) managers, covering Category I, II, and III AIF operations, valuation, taxation, and SEBI compliance guidelines.
Exam sponsor: NISM. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.
Questions
120 questions
Time Limit
3 hours
Passing Score
60%
Reported exam pass rate: Not Published. Exam sponsor website
Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.
Official sources
Our practice resources: topics covered
We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.
Alternative Investment Landscape and Fund Structure
General financial system, AIF definition, categorization (Cat I, II, III), and key fund documentation (PPM, trust deed).
Investment Strategies and Valuation Guidelines
AIF investment limits, downstream FEMA rules, unlisted share valuation, IPEV guidelines, and net asset value (NAV) rules.
Performance Benchmarking, Taxation and Operations
Gross/Net IRR calculations, TVPI, Hurdle rates, american/european waterfalls, and Section 115UB tax pass-through rules.
Regulatory Compliance and Case Studies
SEBI (AIF) Regulations 2012, PMLA, Insider Trading, and key regulatory orders.
Preparing for the NISM Series XIX-C Exam
What You Need to Know
- Passing score: 60%
- Exam length: 120 questions
- Time limit: 3 hours
- Exam / certification fees: ₹3,000 Official sources
Using Our Practice Resources
- Work through all 100 available questions
- Review every answer and explanation
- Track weak areas and revisit them
- Use our AI tutor for tough concepts
NISM Series XIX-C: Suggested Study Strategy
Frequently Asked Questions
What is the NISM Series XIX-C exam?
It is a certification exam mandated for key investment team members of SEBI-registered Alternative Investment Funds (AIFs) to verify their fund management and compliance proficiency.
Is there negative marking in NISM Series XIX-C?
Yes, there is negative marking of 25% of the assigned marks (0.25 marks deducted per wrong answer).