NISM PracticeTwo ways to practise
Practice mode goes through every question of the chosen examination in a shuffled order. When you choose an option, the right answer and a line of explanation appear at once, and a running score is kept. Use it while you are still reading the workbook, chapter by chapter.
Timed test mode draws 25 questions and gives you the same time per question as the real paper: for a paper of 100 questions in 120 minutes, that is 30 minutes. Answers are not shown until the end. You can go back, change an answer or clear it. At the end you see your score, whether it reaches the examination's pass percentage, and a review of every question. In examinations where NISM's page states negative marking, a quarter of a mark is deducted for each wrong answer, and nothing for a question left blank.
What a score here means
Very little by itself. These are our questions, not NISM's; the bank is small; and a test of 25 cannot sample a whole workbook. A low score tells you plainly that more reading is needed. A high score tells you only that you know what these questions ask. Treat the test as a way to find weak topics and to rehearse pacing and the discipline of leaving a pure guess, not as a prediction.
Getting the most from it
- Read a chapter of the official workbook first; practise after.
- In practice mode, say why each wrong option is wrong, not only which is right.
- Note every miss and the topic it belongs to.
- In the last week, take the timed test several times. In negative-marking examinations, practise the two-pass method described in exam day.
- Go back to the workbook for each miss. The explanation here is a pointer, not a substitute.
Read the questions as pages
Every question with its answer is also on a page of its own for each examination: Mutual Fund Distributors, Securities Markets Foundation, Equity Derivatives, Research Analyst. Those pages can be read without the test and printed.
Privacy
The questions are part of this page and the test runs in your browser. Your answers and scores are not saved, not sent to us and not shared. Closing the page clears them.
Questions people ask
Are these the real NISM questions?
No. They are our own questions on the same subjects. NISM's question bank is confidential.
How is the timed test scored?
One mark for a correct answer. In modules where NISM's page states negative marking, 0.25 is deducted for a wrong answer. The pass line is the module's own pass percentage.
Is my score saved or sent anywhere?
No. Everything runs in your browser and is forgotten when you close the page.
An independent practice site. NISM is the National Institute of Securities Markets. This site is not connected with, approved by or paid by NISM or SEBI, and uses none of their logos. The questions are our own; none is taken from NISM's question bank, workbooks or mock tests, and a score here does not predict a result. Examination facts were read on nism.ac.in on 12 November 2026 and can change: check the page of your module on nism.ac.in before you pay or prepare. Nothing here is investment advice.