Clearing Settlement & Risk Management FAQ
Candidates preparing for the Clearing Settlement and Risk Management Module (Foundation) certification exam must learn the Clearing Settlement & Risk Management FAQ to enhance their chances of passing the exam in the very first attempt.
Top Clearing Settlement & Risk Management FAQ
Who can take Clearing Settlement and Risk Management Module (Foundation) Examination?
Any person who wants to learn the procedure of clearing, settlement, collateral management, and Risk Management. This foundation level exam is for students, teachers, employees of clearing members, and anybody having an interest in the Indian securities market.
How can I register for Clearing Settlement and Risk Management Module (Foundation) Examination?
You can register for the exam by visiting the official site of the National Institute of Securities Markets (NISM)
What is the fee structure?
The fees for the Clearing Settlement and Risk Management Module (Foundation) Exam is Rs. 1770 plus additional taxes.
What is the assessment structure?
The Clearing Settlement and Risk Management Module (Foundation) Exam comprises a total of 75 questions of 1 mark each. The duration of the exam is 2 hours, with a passing score of 60%. It has a negative scoring of 0.25 for each wrong answer.
What is the validity period of the certificate?
The certificate will be valid for 5 years from the date of the examination.
Can I request for re-evaluation of NISM Certification Examinations?
NISM certification does not allow for the re-evaluation unless a valid request is received by the candidate which is forwarded to NISM by TA.
What is the exam duration for the Clearing Settlement and Risk Management Module (Foundation) exam?
The exam duration is of 1 hours within which you have to answer 75 questions.
How to reschedule Clearing Settlement and Risk Management Module (Foundation) exam?
You must reschedule it at least 15 days prior to the exam date. You can reschedule the examination only after successful enrolment.
Is there a study material available for preparing for this examination?
After enrolling for the examination, you will receive a soft copy of the study material for preparation. You can also buy Study Material online.
Do I have to pay for the study material?
You will receive a free of cost study material after enrolling fo the exam. However, candidates can buy these NISM workbooks via Taxmann Publications Private Ltd, online. Visit https://www.taxmann.com/bookstore/nism-iibf-books.aspx to order the NISM workbooks. You can also buy these workbooks from a nearby store. Click here to get the details of your nearest store
How can I appear for NISM CD mock test? Where do I get sample questions for Clearing Settlement and Risk Management Module (Foundation) Examination?
Click here to take a mock test.
I have passed Clearing Settlement and Risk Management Module (Foundation) Exam, when will I receive the certificate?
Passing Certification will be assigned only to those candidates who have updated their Income Tax Permanent Account Number (PAN) in their enrollment details. You will get your certificate within two weeks of appearing for the examination. The others will receive only the temporary mark sheet at the end of the examination.
I have not provided my PAN information at the time of taking the certification examination. How do I obtain the certificate?
You can furnish your PAN details, anytime after taking the examination, to the Test Administrator you have registered with. After this you will be eligible to receive your certification.
I have passed the Clearing Settlement and Risk Management Module (Foundation) Exam and also provided PAN details, however, I have not received a certificate. Whom should I contact?
You must contact the test administrator at [email protected]
