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NISM Series XA: Investment Advisor Level 1 Mock Tests
Key Benefits of NISM Investment Advisor Level 1 Mock Test Package
- 98% chance of passing NISM exam in first attempt
- Provides high confidence
- Real feel of exam questions
- Improved results

Securities and Exchange Board of India (SEBI)
Indian Capital Market Regulator
SEBI has asked individuals to either become registered investment advisors (RIAs) to offer fee based services or opt for mutual fund distribution model to charge commission. Further, the market regulator has clarified that there will be no client segregation at individual RIA level.
Net worth requirement for individual RIAs and non-individual RIAs is Rs.5 lakh and Rs.50 lakh, respectively
About NISM Investment Advisor Level 1 Mock Tests
Consists of 11 full-length NISM Series XA: Investment Advisor Level 1 mock tests containing 1100 real-like exam questions and answers which are very similar to the real NISM Investment Adviser Level 1 Exam. Each NISM mock test can be attempted unlimited number of times. Access is valid for 90 days. Unlimited Access to Questions and Answers.
"Best NISM XA Test Series at affordable price"
I feel this is by far the best test series available at such a great price. 11 mock tests are more than enough for preparing for this exam. Thank you PrepCafe Academy Team.
Rahul Mishra, AVP, Emkay Global
NISM Investment Advisor Level 1 Mock Test Package
Consists of updated questions as per latest syllabus prescribed by NISM. NISM Series XA Investment Advisor Level 1 mock test are developed by industry experts with over 20 years of experience.
Questions Bank
1100 questions across 11 mock tests
Package Price
₹ 399
Access Duration
90 days
About NISM Investment Advisor Level 1 Exam
The NISM Series XA Investment Advisor Level 1 is a crucial exam, notified by SEBI, required to be passed by anybody who wants to work as a Registered Investment Adviser.
The NISM Investment Advisor Level 1 examination is a multiple choice question (MCQ) based exam of 2 hours consisting of 100 questions of 100 marks. Passing marks for the exam is 60%.
NISM IA Level 1 exam is conducted in more than 150 cities in India and thousands of people take this exam every year.
We at PrepCafe Academy, have designed the question bank for NISM Investment Adviser Level 1 Exam using 11 practice tests to provide a real time experience of timed exams (a total of more than 1100 VERY IMPORTANT Q&As).
These nicely curated bouquet of questions with multiple choice answers from PrepCafe’s NISM Investment Advisor Level 1 Mock Test package will help you clear the NISM Series XA Exam right in the first attempt.
Key Features of the NISM Investment Advisor Level 1 Mock Test Package
- 11 full-length NISM Investment Advisor Level 1 mock tests served from a pool of 1100 Questions
- 1100 Real-like NISM Investment Advisor Level 1 Question Bank
- 90 days access to mock tests
- Unlimited attempts
- Answer Explanations for Complex and Tricky Questions
- Analysis of your Mock Test Performance
- Unlimited re-takes for Revision
- Free Trial Included
Frequently Asked Questions
You can access a free NISM Series XA Investment Advisor Level 1 Mock Test consisting of 20 questions. Click here to take the Free NISM Investment Advisor Level 1 Mock Test
We would like to empower you fully during your exam preparation and therefore, do not put any restrictions on exam attempts or retakes. You get unrestricted access to the mock tests during the access period.
After successful purchase, you can access the mock tests from the My Account page. Please use the email and password you chose during purchase to login.
Our mock tests test the required knowledge, conceptual clarity and candidate’s understanding of the overall subject matter. Therefore, if you are able to pass all the mock tests with at least 75% marks, you should clear the real exam comfortably.
Yes & No. We are of the belief that candidates should understand the concepts, revise them and validate these concepts by practicing our mock tests. Our mock tests bring conceptual clarity to candidates and therefore, are in a better position to clear the real exam. We do not recommend simply mugging up the questions for exam.
Yes. Our question bank is abundant for preparing for the NISM Investment Adviser Level 1 Exam. However, you should go through the NISM Workbook once before hand.
Unfortunately, the mock tests are available in online mode only. You can access our mock tests by logging to our website’s My Account page after purchase. Our website is compatible with most desktops, laptops, smartphones and tablets.
No. Unfortunately, the mock tests cannot be downloaded. You will have to access them by logging into our website’s “My Account” page after purchase.
Student Reviews about NISM Investment Advisor Level 1 Mock Tests
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