NISM-Series-X-B: Investment Adviser (Level 2)
NISM-Series-X-B: Investment Adviser (Level 2)
NISM Series-X-B: Investment Adviser (Level 2)
NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination."w.e.f May 30, 2019.
NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination along with the NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination seeks to create a common minimum knowledge benchmark for all associated persons registered as an investment adviser and partners and representatives of investment advisers under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services.
An associated person shall be 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) tofulfill the requirements under Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013.
The certification aims to enhance the quality of investment advisory and related services in the financial services industry.
Target Audience
The following persons can take NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination:
1. Investment Advisers and their associated persons, including their representatives and partners
2. Interested students/professionals
3. Any other Individual
Prerequisite for the exam
There are no prerequisites required for NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the comprehensive financial planning in the context of households to apply the planning elements learnt in Level 1 Certification
Examination.
• Understand the structure and performance of securities markets; importance of asset allocation and impact of the market movement on the assets performance.
• Know the practical aspect of product selection, portfolio construction, review and rebalancing based on clients need.
• Know the compliance, operations and service elements in investment advice.
Exam Format and Information
Exam Name NISM-Series-X-B: Investment Adviser (Level 2) | Exam Code 0 |
Exam Duration 120 mins | Exam Format Multiple Choice |
Exam Type 0 | Number of Questions 68 Questions |
Validity 3 Years | Exam Fee Rs 1500 |
Exam Language English | Pass Score 60% and above |
NISM-Series-X-B: Investment Adviser (Level 2) FAQs
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Investment Adviser (Level 2) or successfully pass the NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination before the expiry of such certificate.
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.
What is NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam?
NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination."w.e.f May 30, 2019.
NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination along with the NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination seeks to create a common minimum knowledge benchmark for all associated persons registered as an investment adviser and partners and representatives of investment advisers under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services.
An associated person shall be 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) tofulfill the requirements under Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013.
The certification aims to enhance the quality of investment advisory and related services in the financial services industry.
Who are the intended audience for the exam?
The following persons can take NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination:
4. Investment Advisers and their associated persons, including their representatives and partners
5. Interested students/professionals
6. Any other Individual
How many questions will be there in the exam?
There will be 68 questions which have to be completed in 120 minutes.
Is there any prerequisite for the exam?
There are no prerequisites required for NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam.
What is the fee structure of the exam?
The fees for NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).
What is the passing score of the exam?
The candidate has to secure 60% in order to pass the exam.
What is the assessment structure?
The examination consists of 8 caselets with 4 multiple choice questions of 2 marks each per caselet and 36 multiple choice questions of 1 mark each adding up to 100 marks. The examination should be completed in 2 hours. There is negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60 marks.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the comprehensive financial planning in the context of households to apply the planning elements learnt in Level 1 Certification Examination.
• Understand the structure and performance of securities markets; importance of asset allocation and impact of the market movement on the assets performance.
• Know the practical aspect of product selection, portfolio construction, review and rebalancing based on clients need.
• Know the compliance, operations and service elements in investment advice.
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.
What number of questions will there be in the exam?
There will be 100 questions in the exam.
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 validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
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-X-B: Investment Adviser (Level 2) Certification 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.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for the NISM-Series-X-B: Investment Adviser (Level 2) Certification 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-X-B: Investment Adviser (Level 2) Certification 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.
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.