NISM-Series-X-A: Investment Adviser (Level 1) Mock Test
About Course
The NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination is required for all connected people registered as investment advisors and representatives of investment advisers under the SEBI (Investment advisors) Regulations, 2013.
The NISM Investment Advisor Level 1 Exams are given online at several NISM locations, and all questions are of the’multiple choice’ variety. The exam lasts 180 minutes, and the candidate must answer 90 multiple-choice questions and 9 case study-based questions for a total of 150 points. 60% is considered passing.
Mock Test Channel has created a Question Bank for the NISM Series X-A module that includes a variety of PRACTICE TESTS. We have also provided 20 Case Studies based on the NISM examination format. Mock Test Channel has provided explanations for nearly every response so that you can easily comprehend and remember the answers. The Case Studies are presented with detailed step-by-step solutions, including Excel screen photos, so that you may quickly comprehend and solve them.
The NISM Investment Adviser (Level 1) Question Bank has been updated to reflect the current NISM syllabus-2023.
How to prepare for Investment Adviser Exam ?
After taking the Mock Test Channel’s NISM investment adviser (level 1) mock test, you should have no trouble passing this NISM module and earning the NISM-Series-X-A: Investment Adviser (Level 1) Certification.
This exam is required for persons wishing to register as Investment Advisers as well as those working for investment advisers.
The level 1 test is NISM-Series-X-A: Investment Adviser (Level 1) Certification test, and NISM will also launch the level 2 Investment Adviser Certification Examination.
To become a Registered Investment Adviser, a person must pass both levels (NISM IACE (Level 1) & IACE (Level 2)).
This exam will include questions about the stock market, the debt market, the derivatives market, mutual funds, insurance, taxes, retirement, estate planning, and financial planning. To pass this exam, the candidate must be well-versed in the entire financial sector.
So, before taking the IACE test, we recommend that you first obtain other NISM certifications such as Currency, Equity Derivatives, Mutual Funds, and so on.
The exam should be completed in three hours. The passing score for the examination is 60%, or 90 points out of a possible 150. Negative marking of 25% of the marks assigned to a question is permitted.
NISM IACE exam Fees (Rs.) 1500/- A PAN card is required to acquire the certificate for all NISM tests.
The candidate will not receive a tangible copy of the certificate. NISM will only provide soft copies of the certificates. We need to download it and print it.
NISM-Series-X-A: Investment Adviser (Level 1)Exam Pattern
Multiple Choice Questions [90 questions of 1 mark each] |
90 marks |
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9 Case-based Questions [6 caselets (each case with 5 questions of 1 mark each)] [3 caselets (with 5 questions of 2 marks each] |
6 x 5 x 1 = 30 marks 3 x 5 x 2 = 30 marks |
Total | 150 marks |
Syllabus with Weightages of NISM-Series-X-A: Investment Adviser (Level 1)
Modules | Module / Chapter Names | Marks |
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Module 1 | Personal Financial Planning | 37 |
Introduction to Personal Financial Planning |
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Time Value of Money | ||
Cash Flow Management and Budgeting |
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Debt Management and Loans |
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Module 2 | Indian Financial Markets | 10 |
Introduction to Indian Financial Markets |
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Securities Market Segments |
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Module 3 | Investment Products | 30 |
Introduction to Investments |
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Investing in Stocks | ||
Investing in Fixed Income Securities |
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Understanding Derivatives | ||
Module 4 | Investment Through Managed Portfolio |
23 |
Mutual Fund | ||
Portfolio Manager | ||
Overview of Alternative Investment Funds (AIFs) |
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Module 5 | Portfolio Construction, Performance Monitoring and Evaluation |
20 |
Introduction to Modern Portfolio Theory |
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Portfolio Construction Process |
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Portfolio Performance measurement and evaluation |
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Module 6 | Operations, Regulatory Environment, Compliance And Ethics |
30 |
Operational Aspects of Investment Management |
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Key Regulations | ||
Ethical Issues | ||
Grievance Redress Mechanism | ||
TOTAL MARKS | 150 |
Course Content
NISM SERIES 10 A MOCK TEST WITH EXPLANATION
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NISM 10 A MOCK TEST 1
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NISM 10 A MOCK TEST 2
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NISM 10 A MOCK TEST 3
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NISM 10 A MOCK TEST 4
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NISM 10 A MOCK TEST 5
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NISM 10 A MOCK TEST 6
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NISM 10 A MOCK TEST 7
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NISM 10 A MOCK TEST 8
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NISM 10 A MOCK TEST 9
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NISM 10 A MOCK TEST 10
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NISM 10 A MOCK TEST 11
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NISM 10 A MOCK TEST 12
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NISM 10 A MOCK TEST 13
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NISM 10 A MOCK TEST 14
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NISM 10 A MOCK TEST 15
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NISM 10 A MOCK TEST 16