NISM Series XB - Investment Adviser (Level 2) Certification Examination

27
Mar
2017

Free NISM Investment Adviser (Level 2) Mock Test Premium NISM Investment Adviser (Level 2) Mock Test

NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination along with the NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination seeks to create a common minimum knowledge benchmark for all associated persons registered as an investment adviser and partners and representatives of investment advisers under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services.

The exam was launched on January 24, 2014. It is the toughest exams launched by NISM so far and consists of case study type of questions. The nation-wide pass rate of NISM Series XB Investment Adviser Exam is less than 30%. The exam is a mandated one under SEBI (CAPSM) Regulations, 2007. Our team has drafted a few FAQs about the examinations for the benefit of exam takers.

Whom is the NISM Series XB - Investment Adviser (Level 2) Certification Examination mandatory for?

This certification is required to be passed by anyone who wishes to work as a SEBI Registered Investment Adviser under Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013. The exam is to be taken in conjunction with NISM Series XA : Investment Adviser (Level 1) Certification Exam. This examination is conducted by NISM in more than 150 cities in India and thousands of people take this NISM Exam.

The certification aims to enhance the quality of investment advisory and related services in the financial services industry.


What topics are covered under the NISM Series XB - Investment Adviser (Level 2) Certification Examination?

On successful completion of the examination, the candidate should:

  • Know the comprehensive financial planning in the context of households to apply the planning elements learnt in Level 1 Certification Examination.
  • Understand the structure and performance of securities markets; importance of asset allocation and impact of the market movement on the assets performance.
  • Know the practical aspect of product selection, portfolio construction, review and rebalancing based on clients need.
  • Know the compliance, operations and service elements in investment advice.

Where can I obtain the NISM Series XB Investment Adviser (Level 2) Exam Study Material?

Soft copy of the NISM Series XB - Investment Adviser (Level 2) Study Material can be downloaded free of cost from our website. If you wish to purchase a physical copy of NISM Investment Adviser (Level 2) Book / Study Material, you can purchase it online and the book will be delivered to your address. The books are also available at major bookstores across India.


Where can I find NISM mock test for NISM Series XB Investment Adviser (Level 2) Exam?

Free NISM Series XB Investment Adviser (Level 2) Mock Test for NISM Series XB Investment Adviser (Level 2) Certification Exam is available at our website. The mock test consists of 10 sample questions and can be accessed by logging into our website. Premium NISM Mock Test for NISM XB Investment Adviser (Level 2) Exam consisting of 4 premium quality mock tests with 400 questions is also available at Rs. 399/- only. Each NISM mock test has a validity of 45 days and can be attempted 3 times during the subscription period.


How can I register and enroll for the NISM Series XB Investment Adviser (Level 2) Exam?

Registration and Enrollment for all NISM Certification Examinations can be done online through NISM Certification Portal. For Registration to the NISM Certification portal, you should have your Permanent Account Number (PAN), Scanned Copy of your PAN Card, Soft Copy of your photograph, a valid email address and your basic details such as your Name, Date of Birth, Educational Details, Employment Details, etc. After successful submission of the online NISM Registration form, you will receive a NISM Registration Number and an activation link on your email. You will need to click on the activation link to activate your NISM Account. After activation, you will be able to login.

After login using your email and password, you need to goto "Enrolment" -> "Enroll for Examination" link and following the following steps:

Step 1: Selection of Examination: Here you need to select the NISM Series XB Investment Adviser (Level 2) Certification Examination.

Step 2: Check Seat Availability: Select the Exam City, Test Centre of your choice and the Date Range during which you wish to take the exam.

Step 3: Select a Time Slot: You will shown the availability of Test Slots for the exam. Select one and click "Enroll for the Examination".

Step 4: Make Payment: Please accept the terms and conditions and proceed for online payment using credit card, debit card or internet banking.

After successful payment, your Admit Card will be generated. You should carry this admit card and an original identity card to the examination centre, 30 minutes before the actual exam time. Acceptable identity cards are PAN Card, Driving License, Passport, Aadhar Card only.


What is the assessment structure for NISM Series XB Investment Adviser Certification Examination?

The examination consists of 8 caselets with 4 multiple choice questions of 2 marks each per caselet and 36 multiple choice questions of 1 mark each adding up to 100 marks. The examination should be completed in 2 hours. There is negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60 marks.

DURATION

120 MINUTES

NO. OF QUESTIONS

(36 MCQs) + (8 caselets x 4 questions in each caselet) = 68 Questions

MAXIMUM MARKS

100

PASS MARKS

60

NEGATIVE MARKS

25% FOR EACH WRONG ANSWER

CERTIFICATE VALIDITY

3 YEARS FROM DATE OF EXAM

EXAM FEES

Rs. 1500/-


What is the syllabus outline for NISM Series XB Investment Adviser (Level 2) Certification Examination?

Chapter No.

Chapter Name

Weightages %

1

Understanding Securities Markets and Performance

20%

2

Knowing Operational Aspects of financial transactions

12%

3

Personal Financial Planning

8%

4

Comprehensive Financial Planning

14%

5

Product analysis and selection

20%

6

Regulatory and Compliance Aspects

10%

7

Case studies in Comprehensive Financial Advice

16%

Total

100%

Free NISM Investment Adviser (Level 2) Mock Test Premium NISM Investment Adviser (Level 2) Mock Test

Tags:

PrepCafe's Premium NISM Mock Tests subscribers have 99.99% passing probability. Let's subscribe now!

5% Discount on all NISM Workbooks only at PrepCafe Online Book Store. Order now!