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NISM Series IV 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: 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 Interest Rate, Interest Rate Instruments and Fixed Income Market: 10 questions.
  • Interest Rate Derivatives: 3 questions.
  • Exchange Traded Interest Rate Futures: 7 questions.
  • Exchange Traded Interest Rate Options: 8 questions.
  • Strategies Using Exchange Traded Interest Rate Futures and Options: 8 questions.
  • Trading Mechanism in Exchange Traded Interest Rate Derivatives: 3 questions.
  • Clearing, Settlement and Risk Management of Interest Rate Derivatives: 5 questions.
  • Regulatory Framework for Interest Rate Derivatives: 2 questions.
  • Accounting and Taxation of Interest Rate Derivatives: 2 questions.
  • Code of Conduct and Investor Protection Measures in Interest Rate Derivatives: 2 questions.

By level: Beginner 5 · Intermediate 36 · Advanced 9.

After this paper

Then take Mock 3

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

Open Mock 3