NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination Mock Test and Question Bank

Instructor: Yash Jain

Language: English

Validity Period: Lifetime

₹4999 40% OFF

₹2999

Description
Course Content
How to Use

The examination seeks to create a common minimum knowledge benchmark for an individual investment adviser or principal officer of a non-individual investment adviser, under SEBI (Investment Advisers) Regulations, 2013 and persons associated with investment advice.

NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination is the level 1 examination and NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination is the level 2 examination.

An individual investment adviser or principal officer of a non-individual investment adviser, registered under SEBI (Investment Advisers) Regulations, 2013 and persons associated with investment advice are required to pass both the levels (i.e. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination and NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination to fulfill the requirements under SEBI (Investment Advisers) Regulations, 2013.

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

Examination Objectives:

On successful completion of the Investment Adviser examination, the candidate should:

Know the basics of personal financial planning, time value of money, evaluating the financial position of clients, debt management and loans.
Understand about the Indian Financial Markets and Indian Securities market segments
Get oriented to different kinds of investment products— equity, debt, derivatives and managed portfolios such as mutual funds, portfolio management services and alternative investment funds.
Know about portfolio construction, performance monitoring and evaluation.
Understand about operational aspects of investment management, key regulations, ethical issues for investment advisers and grievance redress system.

Assessment Structure

The Investment Adviser certification examination consists of 90 independent multiple-choice questions and 9 caselets/case-based questions and should be completed in 3 hours. The passing score for the examination is 60% which is 90 marks out of total 150 marks. There shall be negative marking of 25% of the marks assigned to a question for each wrong answer.

Multiple Choice Questions [90 questions of 1 mark each]

90 marks

9 Case-based Questions

[6 caselets (each case with 5 questions of 1 mark each)]

[3 caselets (with 5 questions of 2 marks each]

6*5*1 = 30 marks

3*5*2= 30 marks

Total

150 marks

Test Details

Name of Module: NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination

*: Negative marking – 25% of the marks assigned to the question

Reviews

Load More Reviews

Other Courses


	2025_NISM XB_Investment Adviser Level 2_2025 (414 pages)
	CHAPTER 1 INTRODUCTION TO PERSONAL FINANCIAL PLANNING (15 pages)
	CHAPTER 2 TIME VALUE OF MONEY (13 pages)
		Topic_ PV FV (1 pages)
		Topic_ PV FV Tricks (4 pages)
		Topic_ Risk Profiling (6 pages)
	CHAPTER 3 EVALUATING FINANCIAL POSTITION OF CLIENT (20 pages)
		SUMMARY ASSET ALLOCATION BASED ON INVESTMENT PURPOSE (1 pages)
		SUMMARY ASSET ALLOCATION GOAL BASED (1 pages)
		SUMMARY ASSET ALLOCATION RISK PROFILE- GOAL (1 pages)
	CHAPTER 4 DEBT MANAGEMENT AND LOANS (24 pages)
	CHAPTER 5 INTRODUCTION TO THE INDIAN FINANCIAL MARKETS (14 pages)
	CHAPTER 6 SECURITIES MARKET SEGMENTS (22 pages)
	CHAPTER 7 INTRODUCTION TO INVESTMENT (7 pages)
		NISM MOST IMP DECISION QUESTIONS (6 pages)
	CHAPTER 8 INVESTING IN STOCKS (19 pages)
		NISM MOST IMP DECISION QUESTIONS 2 (4 pages)
	CHAPTER 9 INVESTING IN FIXED INCOME SECURITIES (33 pages)
	CHAPTER 10 UNDERSTANDING DERIVATIVES (14 pages)
	CHAPTER 11 MUTUAL FUNDS (25 pages)
		SUMMARY RISK LEVELS AND MUTUAL FUND SCHEMES (1 pages)
		SUMMARY Risk Return Hierarchy of hybrid funds (1 pages)
		SUMMARY Risk-Return Hierarchy of debt funds (1 pages)
		SUMMARY Risk-Return Hierarchy of Diversified to Concentrated funds (1 pages)
		SUMMARY Risk-Return Hierarchy of equity mutual funds (1 pages)
		SUMMARY TABLE MF TABLES (1 pages)
	CHAPTER 12 PORTFOLIO MANAGER (8 pages)
		NISM MOST IMP DECISION QUESTIONS (6 pages)
		NISM MOST IMP DECISION QUESTIONS 2 (4 pages)
	CHAPTER 13 OVERVIEW OF ALTERNATIVE INVESTMENT FUNDS (AIFs) (9 pages)
		Topic_ AIF (4 pages)
	CHAPTER 14 INTRODUCTION TO MODERN PORTFOLIO THEORY (8 pages)
	CHAPTER 15 PORTFOLIO CONSTRUCTION PROCESS (15 pages)
	CHAPTER 16 PORTFOLIO PERFORMANCE MEASUREMENT AND EVALUATION (24 pages)
	CHAPTER 17 OPERATIONAL ASPECTS OF INVESTMENT MANAGEMENT (44 pages)
	CHAPTER 18 KEY REGULATIONS (32 pages)
	CHAPTER 19 ETHICAL ISSUES (10 pages)
	CHAPTER 20 GRIEVANCE REDRESSAL MECHANISM (19 pages)
	XA Numericals Solved (7 pages)
		Q1 (1 pages)
		Q2 (6 pages)
		Q3 (6 pages)
		Q4 (5 pages)
		Q5 (5 pages)
		Q6 (5 pages)
		Q7 (5 pages)
		Q8 (6 pages)
		Q9 (5 pages)
		Q10 (5 pages)
		Q11 (1 pages)
		Q12 (5 pages)
		Q13 (5 pages)
		Q14 (1 pages)
		Q15 (6 pages)
		Q16 (5 pages)
		Q17 (6 pages)
		Q18 (6 pages)
		Q19 (6 pages)
		Q20 (1 pages)
		Q21 (2 pages)
		Q22 (1 pages)
	SET 001 (17 pages)
		SET 002 (8 pages)
		SET 003 (14 pages)
		SET 004 (13 pages)
		SET 005 (14 pages)
		SET 006 (16 pages)
		SET 007 (11 pages)
		SET 008 (14 pages)
		SET 009 (10 pages)
		SET 010 (18 pages)
		SET 011 (13 pages)
		SET 012 (12 pages)
		SET 013 (15 pages)
		SET 014 (13 pages)
		SET 015 (13 pages)
		SET 016 (14 pages)
		SET 017 (15 pages)
		SET 018 (11 pages)
		SET 019 (19 pages)
		SET 020 (12 pages)
		SET 021 (13 pages)
		SET 022 (15 pages)
		SET 023 (13 pages)
		SET 024 (12 pages)
		SET 025 (13 pages)
		Topic_ XA One Liners (56 pages)

You may also be interested in

NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination Mock Test and Question Bank

₹2999