Exam and Question Bank details
NISM-Series-X-B: Investment Adviser (Level 2) Mock Test
NISM Series X B: Investment Adviser (Level 2) Mock Test
The NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination is an important exam for all associated persons registered as an investment adviser and representatives of investment advisers under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services. An associated person shall pass both the levels (i.e. NISM-Series-X-A and NISM-Series-X-B: Investment Adviser Certification Examination) to fulfill the requirements under Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013.
The Investment Adviser (level 2) certification examination consists of 6 caselets with 5 multiple-choice questions of 2 marks each per caselet and 90 multiple-choice questions of 1 mark each adding up to 150 marks. The examination should be completed in 3 hours. There is a negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60%.
We at PASS4SURE have designed our Question Bank for NISM Series X-B module by having various PRACTISE TESTS for theory questions and several case studies. There are 350 important theory questions and 31 Case studies with detailed step by step solutions in Excel etc. Clear explanations are provided so that the student remembers the logic of answers and is fully prepared.
A separate PDF file will be given to the subscribers which will contain the 31 case studies with their solutions using MS Excel etc. The subscription cost is Rs 699.
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The Question Bank of NISM Investment Adviser (Level 2) has been updated as per current NISM syllabus-2025