NISM Series X-A Mock Test

Investment Adviser (Level 1) Certification

50 Questions

90 Minutes

50 Total Marks

30 Passing Score (60%)

📋 Test Instructions

Duration: 90 minutes for 50 questions (scaled from actual 3-hour, 99-question exam)
Marking: 1 mark per question, 25% negative marking (0.25 marks deducted for wrong answers)
Navigation: Use Previous/Next buttons or question grid to navigate
Selection: Click on options to select your answer
Timer: Visible at top right, test will auto-submit when time expires
Review: You can review and change answers before submitting
Submission: Click "Submit Test" when you're ready to finish

⚠️ Important Notice

This mock test simulates the real NISM Series X-A exam with 25% negative marking. Questions cover all 6 modules with appropriate weightages: Personal Financial Planning (25%), Investment Products (25%), Indian Financial Markets (15%), Managed Portfolio (15%), Portfolio Construction (10%), and Operations & Compliance (10%).

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