NISM-Series-XI: Equity Sales
NISM-Series-XI: Equity Sales
NISM Series-XI: Equity Sales
NISM-Series-XI: Equity Sales Certification Examination w.e.f December 25, 2019
This examination is a voluntary examination.
The examination seeks to create a common minimum knowledge benchmark for all persons involved in equity sales in order to enable a better understanding of equity markets, better quality investor service, operational process efficiency and risk controls.
It seeks to ensure a basic understanding of the various aspects of the equity products, the process flow involved in trading, clearing and settlement of these products and the regulatory environment under which the market operates.
Target Audience
The examination is for:
• Persons employed with trading members of the equity segment of a recognized stock exchange in sales and client advisory functions
• Persons seeking employment with trading members of the equity segment of a recognized stock exchange in sales and client advisory functions
• Students interested in gaining in-depth knowledge of the Indian equity market
• Any other person
Prerequisite for the exam
There are no prerequisites required for NISM-Series-XI: Equity Sales Certification Exam.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of the Indian equity market
• Understand the characteristics of equity, associated risks and returns and taxation aspects
• Understand the clearing, settlement and risk management as well as the operational mechanism related to equity market.
• Know the regulatory environment in which the equity market operates in India.
Exam Format and Information
Exam Name NISM-Series-XI: Equity Sales | 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 1770 |
| Exam Language English | Pass Score 50% and above |
NISM-Series-XI: Equity Sales FAQs
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of the Indian equity market
• Understand the characteristics of equity, associated risks and returns and taxation aspects
• Understand the clearing, settlement and risk management as well as the operational mechanism related to equity market.
• Know the regulatory environment in which the equity market operates in India.
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-XI: Equity Sales Certification Exam?
NISM-Series-XI: Equity Sales Certification Examination w.e.f December 25, 2019
This examination is a voluntary examination.
The examination seeks to create a common minimum knowledge benchmark for all persons involved in equity sales in order to enable a better understanding of equity markets, better quality investor service, operational process efficiency and risk controls.
It seeks to ensure a basic understanding of the various aspects of the equity products, the process flow involved in trading, clearing and settlement of these products and the regulatory environment under which the market operates.
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.
Who are the intended audience for the exam?
The examination is for:
• Persons employed with trading members of the equity segment of a recognized stock exchange in sales and client advisory functions
• Persons seeking employment with trading members of the equity segment of a recognized stock exchange in sales and client advisory functions
• Students interested in gaining in-depth knowledge of the Indian equity market
• Any other person
Is there any prerequisite for the exam?
There are no prerequisites required for NISM-Series-XI: Equity Sales Certification Exam.
How many questions will be there in the exam?
There will be 100 questions which have to be completed in 120 minutes.
What is the passing score of the exam?
The candidate has to secure 50% in order to pass the exam.
What is the assessment structure?
The Examination will consist of 100 questions of 1 mark each adding to 100 marks. The examination should be completed in 2 hours. There shall be negative marking of 25% of the marks assigned to a question. The passing score for the examination will be 50 marks.
What is the fee structure of the exam?
The fees for NISM-Series-XI: Equity Sales Certification Exam is Rupees One Thousand Seven Hundred Seventy only (Rs. 1770/-).
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-XI: Equity Sales Certification Exam cost.
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
What number of questions will there be in the exam?
There will be 100 questions in the exam.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Equity Sales or successfully pass the NISM-Series-XI: Equity Sales Certification Examination before the expiry of such certificate.
What variety of questions appears in the exam?
There will only be multiple-choice and multi-response questions covered in the exam.
Do TestprepTraining provide practice set questions for NISM-Series-XI: Equity Sales 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.
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.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for the NISM-Series-XI: Equity Sales Certification Exam which can be used before the final purchase for complete test.
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.