Commercial Banking in India FAQ

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Commercial Banking in India FAQ

Commercial Banking in India: A Beginner’s Module (Foundation) certification is ideal for the ones aspiring to have a career in finance and the Banking market. This certification will help you enhance your knowledge in banking and kick start your career. So, to help ease your preparation for the exam, here we have the Commercial Banking in India FAQ below.

Top Commercial Banking in India FAQ

Who can take Commercial Banking in India: A Beginner’s Module (Foundation) Examination?

The following persons can take Commercial Banking in India: A Beginner’s Module (Foundation) Examination:

  • Any person who wishes to appear for the NCFM module.
  • Any person who wants to gain knowledge in commercial banking in India
  • And also students from Business School
  • Students who desire a banking career, Bankers, Call center employees, Teachers of Financial courses, and any individual who holds an Interest in the area of banking can go for this course.

How can I register for Commercial Banking in India: A Beginner’s 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 Commercial Banking in India: A Beginner’s Module (Foundation) Exam is Rs. 1770 plus additional taxes.

What is the assessment structure?

The Commercial Banking in India: A Beginner’s Module (Foundation) Exam comprises a total of 60 questions of 1 mark each. The duration of the exam is 2 hours, with a passing score of 50%. It has no negative scoring of the marks allotted per question.

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 Commercial Banking in India: A Beginner’s Module (Foundation) exam?

The exam duration is of 2 hours within which you have to answer 60 questions.

How to reschedule Commercial Banking in India: A Beginner’s 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 Commercial Banking in India: A Beginner’s Module (Foundation) Examination?

Click here to take a mock test.

I have passed Commercial Banking in India: A Beginner’s 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 Commercial Banking in India: A Beginner’s 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]

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