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NISM Series XV Mock Test 3

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 15 chapters. Each chapter gets a share that follows our question bank.

  • Introduction to Securities Market: 1 question.
  • Terminology in Equity and Debt Markets: 1 question.
  • Fundamentals of Research: 3 questions.
  • Economic Analysis: 2 questions.
  • Industry Analysis: 4 questions.
  • Company Analysis – Business and Governance: 3 questions.
  • Company Analysis – Financial Analysis: 5 questions.
  • Corporate Actions: 3 questions.
  • Valuation Principles: 4 questions.
  • Fundamental analysis of commodities: 3 questions.
  • Fundamentals of Risk and Return: 3 questions.
  • Qualities of a Good Research Report: 2 questions.
  • Legal and Regulatory Environment: 5 questions.
  • Technical Analysis: 8 questions.
  • Case Study - Valuation: 3 questions.

By level: Beginner 5 · Intermediate 34 · Advanced 11.

After this paper

Practise the chapters you missed

Your result names your weakest chapters. The NISM Series XV practice page opens one chapter at a time, with every answer explained.

Open NISM Series XV practice