All NISM Certification Exams
Browse all NISM certification exams organized by category. Each exam includes 150 questions across three difficulty levels.
1. Currency & Derivatives Certifications
Series I
Currency Derivatives Certification
Comprehensive practice for currency derivatives trading and hedging strategies.
Series VIII
Equity Derivatives Certification
Advanced practice for equity derivatives, options, and futures trading.
Series IV
Interest Rate Derivatives
Practice tests for interest rate futures, swaps, and options.
Series XVI
Commodity Derivatives
Mock tests for agricultural, metal, and energy commodity derivatives.
Series XIII
Common Derivatives
Comprehensive practice for futures, options, and swaps across asset classes.
2. Mutual Funds & Investment Advisory Certifications
Series V-A
Mutual Fund Distributors
Essential mock tests for mutual fund distribution and product knowledge.
Series V-B
Mutual Fund Foundation
Foundation level practice covering basic mutual fund concepts.
Series X-A
Investment Adviser (Level 1)
Foundation level practice for investment advisory services.
Series X-B
Investment Adviser (Level 2)
Advanced level practice for investment advisers.
Series XX-A
PMS Distributors
Practice tests for Portfolio Management Services distributors.
Series XX-B
AIF Managers
Advanced mock tests for Alternative Investment Fund managers.
3. Securities Operations & Equity Sales Certifications
Series VII
Securities Operations & Risk Management
Comprehensive practice for securities operations and risk management.
Series VI
Depository Operations
Practice tests for depository operations and corporate actions.
Series XI
Equity Sales
Mock tests for equity sales professionals and relationship managers.
Series XIV
Internal Auditors for Stock Brokers
Practice tests for internal auditors in stockbroking firms.
4. Compliance & Corporate Governance Certifications
Series II-A
Registrars & Share Transfer Agents
Practice tests covering share transfer processes and registrar functions.
Series III-A
Securities Intermediaries Compliance
Mock tests for compliance officers in securities intermediaries.
Series III-B
Issuers Compliance
Practice tests for compliance professionals in listed companies.
Series IX
Merchant Banking
Mock tests for merchant banking and issue management.
Series XV
Research Analyst
Comprehensive practice for equity research and financial analysis.
Series XVII
Retirement Adviser
Practice tests for retirement planning and pension products.
Series XVIII
Financial Education Resource Persons
Mock tests for financial educators and resource persons.
Series XIX-A
AIF Distributors
Practice tests for Alternative Investment Fund distributors.
Series XXI
Portfolio Managers
Advanced practice for portfolio management and asset allocation.
5. Foundation & Beginner Certifications
Series XII
Securities Markets Foundation
Foundation level practice covering basics of securities markets.