NP

NISM Series X-A

Investment Adviser (Level 1)

X-A mock exam

Practise under exam conditions. Each attempt draws a fresh set of questions.

Rules

  • 60 questions drawn at random from all 20 chapters, weighted by each module's marks in the real exam. Each attempt is a fresh set.
  • The real exam also has case-based questions (9 caselets). Watch the module case study videos to practise those.
  • 80 minutes. The test submits itself when time runs out.
  • +1 for a correct answer, −0.25 for a wrong answer, 0 for unanswered (25% negative marking, as in NISM exams).
  • Pass mark: 60%.

Practice questions are based on the NISM Series X-A workbook (February 2025), updated for later SEBI/RBI changes up to November 2026. Always check the latest NISM syllabus before your exam. Video lessons on YouTube ↗