NISM Series IV: Interest Rates Derivatives
NISM Series IV: Interest Rates Derivatives
NISM Series IV: Interest Rate Derivatives
The examination seeks to create a common minimum knowledge benchmark for persons working in the Interest Rate Derivatives market segment, in order to enable a better understanding of fixed income securities markets and interest rate derivative products, regulations and risks associated with the products and the exchange mechanisms of clearing and settlement.
Target Audience
The following persons can take NISM-Series-IV: Interest Rate Derivatives Certification Examination:
1. Approved users and sales personnel of the ‘Trading Members’ who are registered as such in the Currency Derivatives Segment of a recognized stock exchange and trading in Interest Rate Derivatives.
2. Interested students/professionals
3. Any other individuals
Prerequisite for the exam
There are no prerequisites required for NISM Series IV: Interest Rate Derivatives Exam.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of fixed income securities markets and specifically interest rate derivative markets in Indian and developed world.
• Understand the analytical framework required for Bond Futures market in India along with trading and hedging strategies involved
• Understand the clearing, settlement and risk management as well as the operational mechanism related to interest rate derivatives markets
• Know the regulatory environment in which the interest rate derivatives markets operate in India.
Exam Format and Information
Exam Name NISM-Series-IV: Interest Rate Derivatives | Exam Code 0 |
| Exam Duration 120 mins | Exam Format Multiple Choice |
| Exam Type 0 | Number of Questions 100 Questions |
| Validity 3 Years | Exam Fee Rs 1500 |
| Exam Language English | Pass Score 60% and above |
NISM Series IV: Interest Rates Derivatives FAQs
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
How the exam scores are calculated?
After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for the NISM Series IV: Interest Rate Derivatives exam which can be used before the final purchase for complete test.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the NISM Series IV: Interest Rate Derivatives exam cost.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Do TestprepTraining provide practice set questions for NISM Series IV: Interest Rate Derivatives Exam?
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
What number of questions will there be in the exam?
There will be 100 questions in the exam.
What is NISM Series IV: Interest Rate Derivatives Exam?
The examination seeks to create a common minimum knowledge benchmark for persons working in the Interest Rate Derivatives market segment, in order to enable a better understanding of fixed income securities markets and interest rate derivative products, regulations and risks associated with the products and the exchange mechanisms of clearing and settlement.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Interest Rate Derivatives or successfully pass the NISM Interest Rate Derivatives Certification Examination before the expiry of such certificate.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of fixed income securities markets and specifically interest rate derivative markets in Indian and developed world.
• Understand the analytical framework required for Bond Futures market in India along with trading and hedging strategies involved
• Understand the clearing, settlement and risk management as well as the operational mechanism related to interest rate derivatives markets
• Know the regulatory environment in which the interest rate derivatives markets operate in India.
What variety of questions appears in the exam?
There will only be multiple-choice and multi-response questions covered in the exam.
What is the assessment structure?
The NISM-Series-IV: Interest Rate Derivatives Examination will be of 100 marks, will have 100 questions, and should be completed in 2 hours. There will be negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60%.
Is there any prerequisite for the exam?
There are no prerequisites required for NISM Series IV: Interest Rate Derivatives Exam.
What is the passing score of the exam?
The candidate has to secure 60% in order to pass the exam.
What is the fee structure of the exam?
The fees NISM Series IV: Interest Rate Derivatives Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).
How many questions will be there in the exam?
There will be 100 questions which have to be completed in 120 minutes.
Who are the intended audience for the exam?
The following persons can take NISM-Series-IV: Interest Rate Derivatives Certification Examination:
1. Approved users and sales personnel of the ‘Trading Members’ who are registered as such in the Currency Derivatives Segment of a recognized stock exchange and trading in Interest Rate Derivatives.
2. Interested students/professionals
3. Any other individuals