NISM Series I Mock Test 1
50 questions in 60 minutes, with the exam's own pass mark and negative marking.
The clock starts when you press Start. Answers and explanations open after you submit.
How this mock is marked
- 50 questions, one mark each.
- 60 minutes on the clock. That is the real exam's pace: 120 minutes for 100 questions.
- A wrong answer loses a quarter of a mark. A blank loses nothing.
- You pass with 60% or more.
- When you submit, you see your score and your weakest chapters. Every question then shows its right answer and why.
What this paper covers
50 questions from 10 chapters. Each chapter gets a share that follows our question bank.
- Introduction to Currency Markets: 6 questions.
- Foreign Exchange Derivatives: 4 questions.
- Exchange Traded Currency Futures: 5 questions.
- Exchange Traded Currency Options: 7 questions.
- Strategies Using Exchange Traded Currency Derivatives: 6 questions.
- Trading Mechanism in Exchange Traded Currency Derivatives: 4 questions.
- Clearing, Settlement and Risk Management in Exchange Traded Currency Derivatives: 6 questions.
- Regulatory Framework for Exchange Traded Currency Derivatives: 4 questions.
- Accounting and Taxation: 4 questions.
- Codes of Conduct and Investor Protection Measures: 4 questions.
By level: Beginner 15 · Intermediate 27 · Advanced 8.
Then take Mock 2
Read the chapters your result names first. A new paper then shows whether those gaps have closed.
Open Mock 2