Loading mock tests…
Loading mock tests…
Practice free exam-style questions for Securities Markets Foundation Certification Examination.
Kunal should NOT treat a mutual-fund factsheet's past 1-year return as:
Nirav hears 'T+1'. For cash-market equities this is:
After a bull run, Kunal's 80-20 drifts to 90-10. Rebalancing means:
Vikram writes a naked call on a stock. Maximum loss is:
Heera should NOT treat a mutual-fund factsheet's past 1-year return as:
Tejas is long a future entered at 218, exit 228, multiplier 50. P/L is:
Aarav buys a put (K=100, premium=4). Expiry spot is 70. P/L per share is:
Foundation options drill: short put K=140 premium=12, expiry S=160. P/L per unit:
Pooja wants ongoing MF purchases after NFO. The structure is an:
Chetan uses a SIP and markets fall. Units bought next month will generally be:
Lavanya is a retail IPO applicant. Allotment, if oversubscribed, is typically:
Urvashi holds a premium bond (price > face). Current yield versus coupon rate is:
Insider trading would be illegal if Yuvraj used:
Foundation market-cap drill: price ₹150, shares 30,000,000. Capitalisation is:
Tejas's ₹100 face bond pays 8% coupon and trades at ₹92. Current yield is:
Nikita holds a discount bond (price < face). Current yield versus coupon rate is:
Bonus shares are:
Chetan uses a limit buy at ₹102 while the market is ₹112. The order:
Urvashi's broker defaults. A possible residual protection, within rules, is:
Wafa's investment grew 50% in 3 years (1.0 → 1.5). CAGR is closest to:
Nikita already holds listed shares and sells them to another investor. This is:
Bhavna uses a limit buy at ₹101 while the market is ₹111. The order:
Ishaan buys a put (K=100, premium=6). Expiry spot is 78. P/L per share is:
Safety-net / price-protection features in some issues, if offered:
Omkar's stock trades at ₹352 with EPS ₹14. P/E is:
Kabir is an anchor investor. Kabir is allotted:
For Bhavna, RBI (not SEBI) is the primary-market issuer/manager for:
Cut-off time in mutual funds affects:
Shreya pays STT on an equity delivery trade. STT is:
Nikita invests ₹16,500 at 8% p.a. compounded annually for 4 years. Future value is closest to:
Access 10 premium mocks · 1,000 questions with timed exam mode and detailed results.
Access premium mock testsUse this page for a free NISM Series XII mock test preview: 30 exam-style MCQs for the Securities Markets Foundation certification. Pick an answer, check it, and read the explanation—no login required. The questions follow the certification pattern; they are not official NISM past papers.
Start with the NISM Series XII study material for chapter-wise notes and topic MCQs, then return here to test recall. When you are ready for timed practice, open the NISM Series XII mock test page to unlock 10 full-length mock tests of 100 questions each.
Premium full-length mocks use a 2 hr timer. Passing is 60 out of 100 on StudyNISM. Wrong answers do not deduct marks on those timed tests.
Yes. This page lists 30 free practice questions with check-answer explanations and no login. Full-length timed mock tests require premium access on the NISM Series XII mock test page.
No. You can answer each question, check your choice, and read the explanation in your browser without signing up.
These free questions preview the MCQ style and explanations. Premium access unlocks 10 full-length mock tests of 100 questions each, with a timer, score, and unlimited attempts during your access window.
No. They are exam-style practice for the Securities Markets Foundation certification on StudyNISM. They are not official NISM past papers or guaranteed repeats from the real exam.
Premium mocks run for 2 hr. A score of 60 out of 100 is treated as passing on StudyNISM.