NISM Mock Test: National Institute of Securities Markets provides the mock tests for the NISM certification programmes that are conducted online throughout the year. Candidates must have an NISM login Id and password to access the NISM mock tests and also register for the NISM certification exams. Candidates can also access study material using NISM login credentials once they enrol for an NISM certification exam. The NISM mock tests and study material will aid the candidate’s preparation for the NISM certification exams. There are 29 certification courses which candidates can attempt from around 150 test centres across India.
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The full form of NISM is National Institute of Securities Markets and it has been established by the Securities and Exchange Board of India as its educational arm to impart training and capacity building through certification programmes to ensure securities markets participants are equipped with the latest market knowledge. NISM certifications are part of this endeavour.
NISM provides access to NISM mock tests and practise tests to all the registered candidates for different certification exams. NISM Mock tests are a good resource to familiarise candidates with the exam pattern and are available free of cost. NISM study material is also available to candidates once they login to their account using NISM login credentials and enrol for an exam. The mock tests for NISM and the study material are aimed at boosting a candidate’s preparation for the NISM certification exam. Gaining an NISM certification can open up many career opportunities in the finance field. The NISM has been established by SEBI to build talent and capacity building in the finance field, similar to what the BSE Institute and NSE are doing with their BSE courses and NSE courses.
In order to get access to the NISM mock test and NISM study material, candidates must first register with NISM.
The candidate can register with NISM through the following steps:
Fill the registration form which can be accessed on certifications.nism.ac.in. It includes basic details such as name, email id, mobile number, scanned copy of the PAN card, address proof, educational qualification details, and uploading a recent colour photograph.
To ensure that the registration is valid and authentic, NISM verifies all information entered on the registration form. Email will be sent to the registered email ID if the details are discovered to be incorrect.
An activation link will be provided to the candidate's specified email address once the registration process has been successfully completed. Only once the candidate activates the link by clicking it will the candidate's account with NISM be activated.
After successful activation, candidates can login to the NISM account using the registered email id and password generated at the time of registration.
Once logged in a candidate can access the NISM mock tests or practice tests under the Practice Tests tab. Here they will get a clear idea about the NISM exam questions and the NISM exam paper.
Aspiring candidates can also access a few other resources to attempt the NISM mock test. One such good resource is the NIFM website - nifm.in where one can attempt mock tests for various NISM certifications.
To access the mock test for NISM - Click Here
NISM Study Material
While only registering at the NISM portal is necessary for accessing NISM mock tests, for downloading NISM study material, a candidate needs to go one step further by enrolling for a NISM certification exam.
Here’s the process for enrollment and accessing NISM study material
Use NISM login credentials to access the NISM account
Next, candidates need to select New Enrolment for NISM Certification
After that, candidates must specify the certification exam, select the exam date and test centre, and slot
Proceed to make the online fee payment.
Once the fee payment has been made, candidates can access and download the NISM study material without paying anything extra.
It must be noted that the candidates must register well in advance of the desired exam date to ensure adequate preparation time and also make sure that they get the preferred exam centre and slot.
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Given below is a table that shows the NISM exam questions pattern including the number of questions, total marks, negative marks, pass marks and the duration of the exam. Candidates can get their exam score immediately after the exam. All the certifications except the three valuation examination certifications of the Insolvency and Bankruptcy Board of India (IBBI ) are valid for three years.
NISM Question Paper Overview
Sl No. | Certification Name | Duration | No. of questions | Marks | Pass Marks (%) | Negative Marks |
1 | NISM-Series-I: Currency Derivatives Certification Examination | 2 Hrs | 100 | 100 | 60 | 25 |
100
100
50
25
3
NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents – Mutual Fund Certification Examination
2 Hrs
100
100
50
25
4
NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination
2 Hrs
100
100
60
25
5
NISM-Series-IV: Interest Rate Derivatives Certification Examination
2 Hrs
100
100
60
25
6
NISM-Series-V-A: Mutual Fund Distributors Certification Examination
2 Hrs
100
100
50
-
7
NISM-Series-V-B: Mutual Fund Distributors Certification Examination
2 Hrs
50
50
50
-
8
NISM-Series-VI: Depository Operations Certification Examination
2 Hrs
100
100
60
25
9
NISM-Series-VII: Securities Operations and Risk Management Certification Examination
2 Hrs
100
100
50
25
10
NISM-Series-VIII: Equity Derivatives Certification Examination
2 Hrs
100
100
60
25
11
NISM Series-IX: Merchant Banking Certification Examination
2 Hrs
100
100
60
25
12
NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination
3 Hrs
135
150
60
25
13
NISM Series-X-B: Investment Adviser (Level 2) Certification Examination
3 Hrs
120
150
60
25
14
NISM Series-XII: Securities Markets Foundation Certification Examination
2 Hrs
100
100
60
-
15
NISM-Series-XIII: Common Derivatives Certification Examination
3 Hrs
150
150
60
25
16
NISM-Series-XV: Research Analyst Certification Examination
2 Hrs
100
100
60
25
17
NISM-Series-XVI: Commodity Derivatives Certification Examination
2 Hrs
100
100
60
25
18
NISM-Series-XVII: Retirement Adviser Certification Examination
2 Hrs
100
100
60
25
19
NISM-Series-XVIII: Financial Education Certification Examination
2 Hrs
50
50
50
-
20
NISM Series XIX-A: Alternative Investment Funds (Category I and II) Distributors
2 Hrs
100
100
60
25
21
NISM Series XIX-B: Alternative Investment Funds (Category III) Distributors
2 Hrs
100
100
60
25
22
NISM-Series-XX-Taxation in Securities Markets Certification Examination
2 Hrs
75
100
60
25
23
NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination
2 Hrs
100
100
60
25
24
NISM-Series-XXI-B: Portfolio Managers Certification Examination
3 Hrs
105
150
60
25
25
NISM-Series-XXII: Fixed Income Securities Certification Examination
2 Hrs
85
100
60
25
26
NISM Series-XXIII: Social Auditors Certification Examination
2 Hrs
100
100
60
25
27
IBBI - Valuation Examination in the Asset Class: Land and Building
2 Hrs
90
100
60
25
28
IBBI - Valuation Examination in the Asset Class: Plant and Machinery
2 Hrs
90
100
60
25
29
IBBI - Valuation Examination in the Asset Class: Securities or Financial Assets
2 Hrs
90
100
60
25
Frequently Asked Questions (FAQs)
The NISM exam is conducted throughout the year in around 150 centres across India.
Candidates need to register at the NISM portal by giving details such as name, email id, mobile number, educational details, PAN card, and photograph. Upon successful registration, they will get their NISM login credentials.Obtaining login credentials will give candidates access to the mock tests for NISM certifications.
Different certification exams have different minimum passing marks. However, most them require the candidate to score a minimum of 60%.
Candidates are advised to attend NISM mock tests, download the NISM study material and give themselves adequate time to prepare for the exam. Without sufficient time and practising with mock tests, it may get difficult to pass the exam.