NISM Series XIII Mock Test 2

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: 180 minutes for 150 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.

50 questions from 10 chapters. Each chapter gets a share that follows our question bank.

Basics of Derivatives (Equity, Currency and Interest Rate): 2 questions.
Introduction to the Underlying Markets: 8 questions.
Introduction to Forwards and Futures: 7 questions.
Strategies Using Futures: 8 questions.
Introduction to Options – Options on Equities and Currencies: 7 questions.
Option Trading Strategies – Strategies using Equity Options and Currency options: 1 question.
Introduction to Trading, Clearing, Settlement & Risk Management: 9 questions.
Legal and Regulatory Environment: 4 questions.
Accounting and Taxation of Derivatives: 2 questions.
Sales Practices, Code of Conduct and Investor Protection Measures: 2 questions.

By level: Beginner 14 · Intermediate 25 · Advanced 11.

After this paper

Read the chapters your result names first. A new paper then shows whether those gaps have closed.