NISM VI Depository Operations Mock Test

If you’re looking to build a career in the Indian securities market, clearing the NISM Depository exam is an important step towards achieving your goals. The NISM Depository exam is designed to test candidates’ knowledge of the depository operations and regulatory framework in India. The exam assesses a candidate’s understanding of various depository services, such as account opening, dematerialization, rematerialization, pledging, and transfer of securities.

This is a computer-based examination with multiple choice questions.

The examination consists of 100 questions of 1 mark each adding to 100 marks.

The examination should be completed in 2 hours.

There shall be negative marking of 25% of the marks assigned to a question.

The passing score for the examination is 60 marks.

 

NISM-Series-VI: Depository Operations Certification Examination Syllabus Outline with Weightages

Unit 1: Introduction to Securities Market                                                              5%

Unit 2: introduction to Depository                                                                        10%

Unit 3: Depository and its business partners                                                        11%

Unit 4: Functions of DP – Account Opening                                                           11%

Unit 5: Functions of DP – Transmission & Nomination                                             5%

Unit 6: Functions of DP – Dematerialisation                                                           8%

Unit 7: Functions of DP – Trading and Settlement                                                 12%

Unit 8: Functions of DP – Pledge and Hypothecation                                             10%

Unit 9: Functions of DP – Corporate Action                                                            5%

Unit 10: Functions of DP – Public Issues                                                                5%

Unit 11: Functions of DP – Debt and Government Securities                                  10%

Unit 12: Additional Services – Warehouse Receipts                                                5%

Unit 13: Additional Services – Qualified Financial Institutions                                 1%

Unit 14: Additional Services – Rajiv Gandhi Equity Saving Schemes                       1%

Unit 15: Additional Services – Basic Services Demat Account                                 1%

Preparing for the NISM Depository exam can be challenging, but with the right approach and study materials, you can increase your chances of success. One effective method of preparation is taking mock tests. Mock tests simulate the actual exam environment and allow you to assess your knowledge, identify weak areas, and focus on improving them. Here are some benefits of taking NISM Depository mock tests:

1. Identifying Knowledge Gaps: Mock tests help you identify gaps in your knowledge, which can be addressed through focused study. This is especially important for the NISM Depository exam, as it covers a broad range of topics related to depository operations and regulations.
2. Time Management: The NISM Depository exam is a timed exam, which means you need to manage your time effectively to complete the exam within the given time limit. Mock tests help you practice time management and develop strategies to answer questions quickly and accurately.
3. Familiarity with Exam Pattern: NISM Depository mock tests are designed to simulate the actual exam pattern and help you become familiar with the exam structure, type of questions, and difficulty level. This helps you feel more confident and prepared on exam day.
4. Performance Analysis: Mock tests provide you with a detailed analysis of your performance, including areas where you need improvement. This feedback helps you focus on weak areas and fine-tune your study plan accordingly.

In conclusion, taking NISM Depository mock tests is an effective way to prepare for the actual exam and increase your chances of success. With regular practice and a focused approach, you can clear the NISM Depository exam and take your first step towards a rewarding career in the Indian securities market.