NISM Series XVI 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 10 chapters. Each chapter gets a share that follows our question bank.
- Introduction to Commodity Markets: 5 questions.
- Commodity Futures: 7 questions.
- Commodity Options: 7 questions.
- Commodity Indices: 4 questions.
- Uses of Commodity Derivatives: 8 questions.
- Trading Mechanism: 4 questions.
- Clearing Settlement and Risk Management of Commodity Derivatives: 7 questions.
- Accounting and Taxation: 3 questions.
- Legal & Regulatory Environment of Commodity Derivatives: 2 questions.
- Code of Conduct and Investor Protection Measures: 3 questions.
By level: Beginner 11 · Intermediate 33 · Advanced 6.
Practise the chapters you missed
Your result names your weakest chapters. The NISM Series XVI practice page opens one chapter at a time, with every answer explained.
Open NISM Series XVI practice