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NISM Series XB: Investment Advisor Level 2 Mock Tests

Key Benefits of NISM Investment Advisor Level 2 Mock Test Package

SEBI NISM Research Analyst Mock Tests

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 2 Mock Tests

Consists of 24 Caselets comprising of 90+ Case-Study type of Questions and 160+ Multiple Choice Questions (MCQs) and Answers with explanations. These NISM Series XB Investment Advisor Level 2 Mock Tests are real-like exam questions and answers which are very similar to the real NISM Investment Advisor (Level 2) Exam. Valid for 90 days. Unlimited Access to Questions and Answers. Guaranteed results


"Best NISM XB Test Series at affordable price"

The case studies are carefully crafted and cover most concepts required to pass the real exam. They really help in the exam as the Series XB exam has a lot of case study based questions. Thank you PrepCafe Academy Team.

Rahul Mishra, AVP, Emkay Global

NISM Investment Advisor Level 2 Mock Test Package

Consists of updated questions as per latest syllabus prescribed by NISM. NISM Series XA Investment Advisor Level 2 mock test are developed by industry experts with over 20 years of experience.

Questions Bank

24 Caselets with 90+ Case-based Questions 160+ MCQs

Package Price

₹ 399

Access Duration

90 days

About NISM Investment Adviser Level 2 Exam

The NISM Series XA Investment Advisor Level 2 is another 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 2 examination is a case based exam containing 8 caselets of 4 questions each and 36 multiple choice questions (MCQ).  The exam is of 2 hours and 100 marks. Passing marks for the exam is 60%.

NISM IA Level 2 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 2 Exam using 24 caselets  comprising of 90+ case study based questions  and 160+ real like multiple choice questions (MCQs) provide a real time experience of timed exams. These are VERY IMPORTANT Q&As).

These nicely curated bouquet of multiple choice questions combined with caselets from PrepCafe’s NISM Investment Advisor Level 2 Mock Test package will help you clear the NISM Series XB Exam right in the first attempt.

Key Features of the NISM Investment Advisor Level 2 Mock Test Package

Frequently Asked Questions

You can access a free  NISM Series XB Investment Advisor Level 2 Mock Test consisting of 10 questions. Click here to take the Free NISM Investment Advisor Level 2 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 2 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 2 Mock Tests

I am registered user of PrepCafe Academy. I was enrolled in NISM Investment Advisor Level 2 exam after clearing Level 1 exam with 68% marks. The Level 2 exam is very tough for sure. I'm glad that I received support and guidance from PrepCafe due to which I could sail through the exam and begin my RIA business.
Anand Khatwani
SEBI Registered Investment Adviser
I think without the mock tests, it is very difficult to clear NISM Investment Adviser Level 2 exam in first attempt. 2 hours is very less for solving case based questions. Thankfully, I had got good practice because of mock tests. Please do subscribe.
Ashok Kapasi
MBA Student

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