About NISM Series XA Exam
The NISM Series XA Investment Adviser Level 1 Certification Examination is one of the most difficult certification examinations of NISM. This certification is one of the two certifications required to become an Investment Adviser, the other being NISM Series XB Investment Adviser Level 2 Certification Examination.
NISM Investment adviser Certification is one of the mandatory certifications which is required to become a registered investment adviser in India as per SEBI Investment Advisers Regulations 2013. Alternately, personnel obtaining either of Chartered Wealth Manager (CWM), International Certificate in Wealth & Investment Management (India) Certification, Certified Financial Planner (CFP) or Wealth Management Certification (Advance Level) are eligible to apply to SEBI for becoming a Registered Investment Adviser.
For more details, please see SEBI Investment Advisers Regulations 2013. Both NISM Series XA and NISM Series XB examinations are conducted by NISM in more than 150 cities in India and thousands of people take this NISM Exam.
About NISM Series XA Mock Test Free
Since the NISM Investment Adviser is a very difficult examination to pass in the first attempt for most of the exam takers, PrepCafe assists candidates interested in obtaining the certification by providing Free NISM Investment Adviser Level 1 Exam Model Questions in the form of NISM Series XA: Investment Adviser (Level 1) Mock Test Series as well as Premium Quality Paid NISM Mock Test at just Rs. 399/-.
PrepCafe’s Paid NISM Mock Test for Investment Adviser consists of premium quality, real-like NISM Question Bank which helps in assessing your exam preparation, get exam exposure, obtain nism practice questions and thereby pass NISM exam easily with flying colors.
This NISM Series XA Investment Adviser Level 1 Certification Examination Mock Test or NISM Investment Adviser Mock Test consists of 20 questions which need to be attempted in 20 minutes. If you like this free NISM Mock Tests, you would like to consider our Premium NISM Series XA Investment Adviser Level 1 Mock Test @Rs. 399/-
- This is a Mock Examination of NISM Series XA : Investment Adviser (Level 1) Certification Examination.
- This mock test has 20 questions of 1 mark each. You are alloted 120 minutes for this mock test.
- There is no negative marking in this mock test. However, please note that actual examination has 25% negative marking per question.
- The passing score on the examination is 60%
- This mock examination is only to give the candidates an experience of NISM testing system.
- Please note that passing this mock test would not make you eligible for claiming a certificate for NISM Series XA : Investment Adviser (Level 1) Certification Examination.
All the best for your examination!
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1. Question1 point(s)
Belated return can be submittedCorrectIncorrect
2. Question1 point(s)
Insurance is meant toCorrectIncorrect
3. Question1 point(s)
A portfolio manager can hedge a share portfolio byCorrectIncorrect
4. Question1 point(s)
An example of a derivative security is ________________CorrectIncorrect
5. Question1 point(s)
Residential status is to be determined forCorrectIncorrect
6. Question1 point(s)
Interest on NSC VIII isCorrectIncorrect
7. Question1 point(s)
Selling a Put Option meansCorrectIncorrect
8. Question1 point(s)
The number alloted in NPS isCorrectIncorrect
9. Question1 point(s)
Mrs. Sara bought 100 shares of face value Rs. 10 for Rs. 15,000. The company declared 200% dividend. What is the dividend yield?CorrectIncorrect
10. Question1 point(s)
An investor who decides to go overweight on equities is taking aCorrectIncorrect
11. Question1 point(s)
The first step of financial planning process isCorrectIncorrect
12. Question1 point(s)
Which of the following is major goal in individual life?CorrectIncorrect
13. Question1 point(s)
Which of the following is a financial goal?CorrectIncorrect
14. Question1 point(s)
Which of the following investors willing to take risk with a part of their available assets?CorrectIncorrect
15. Question1 point(s)
Jensens Alpha is a measure ofCorrectIncorrect
16. Question1 point(s)
An asset allocation which is in line with an investor's life stage, wealth stage, risk appetite and goals is an _____________.CorrectIncorrect
17. Question1 point(s)
Buy a PUT option meansCorrectIncorrect
18. Question1 point(s)
Interest in a NSCCorrectIncorrect
19. Question1 point(s)
Definition of Financial Planning is:CorrectIncorrect
20. Question1 point(s)
In Unit Linked Policy, market risk is with ______. (A) Insured (B) InsurerCorrectIncorrect
How to attempt the Free Mock Test?
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PrepCafe Academy assists candidates interested in becoming Investment Adviser to pass this NISM examination by providing Free NISM Mock Tests as well as premium quality Paid NISM Mock Tests in online mode.
PrepCafe Academy’s Premium NISM Mock Tests consists of premium quality, real-like NISM Question Bank which helps in assessing your exam preparation, get exam exposure, practice nism questions and thereby pass NISM exam easily with flying colors.
All our Premium NISM Mock Tests are as per latest syllabus prescribed by NISM.
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