NISM Series-XII: Securities Markets Foundation Exam: FAQs
Who can take NISM-Series-XII: Securities Markets Foundation Certification Examination?
The NISM Series-XII: Securities Markets Foundation Exam is suitable for all individuals having a basic knowledge of the Indian Securities markets. Some of the intended roles for this exam include:
- Firstly, entry-level professionals in the securities markets
- Secondly, employees of intermediaries functioning in the securities industry
- Thirdly, professionals in other industries interested in gaining knowledge of the securities markets
- Lastly, students, homemakers, and teachers
How to register for NISM Series-XII: Securities Markets Foundation Exam?
For NISM Series-XII: Securities Markets Foundation Exam registration, click on the “Register” tab. After that, fill up the Online Registration Form available on the NISM Online Certification System. However, the registered candidates can log in by using the Email address and Password. After logging in, you can access the following:
- Firstly, you can check the status of Seat Availability as well as schedule a Test / Enroll Online.
- Secondly, you can complete the payment using a credit card or debit card.
- Next, after enrolling, there you can download Admit Card and go through the Study Material
- Lastly, you can access Exam Results and Verify Skills
What is the fee structure?
The fees for “NISM-Series-XII: Securities Markets Foundation Certification Examination ” is Rupees One Thousand Seven Hundred Ten only (Rs. 1710/-), inclusive of service taxes.
What is the assessment structure?
The examination will be of 100 marks, will have 100 questions of 1 mark each and should be completed in 2 hours. There shall be no negative marking. The passing score for the examination is 60%.
Is there a study material available for preparing for this examination?
You will receive a soft copy of the workbook/study material after enrolment for the examination. For non-receipt of soft copy of the workbook/study material, you may contact the respective Test Administrator.
I have passed NISM-Series-XII: Securities Markets Foundation Certification Examination. When will I receive the certificate?
Only the candidates who have produced their Income Tax Permanent Account Number (PAN) during registration would receive the NISM Certificate within two weeks of appearing for the examination. Candidates who produced other identification proofs would not receive the NISM certificate. They would 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?
Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator they have registered with anytime after taking the examination. After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator they have registered with. No additional payments are necessary for obtaining the certificate.
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Securities Markets Foundation Certification Examination or successfully pass the NISM-Series-XII: Securities Markets Foundation Certification Examination before the expiry of such certificate.
Can I request for re-evaluation of NISM Certification Examinations?
NISM Policy on Re-evaluation of performance of candidates appearing for Certification Examination and resolution of doubts about the questions forming part of such examination, if any. “No re-evaluation of the performance of candidates appearing for Certification Examination conducted by NISM (Mandatory & Non-Mandatory examination) is permitted since the assessment of answers, with respect to Certification Examinations questions which are in the nature of the selection of only one correct answers from multiple choices offered, is carried out in an objective manner by in-built system architecture created for Certification Examination without any scope for human intervention and subjectivity element.
What is the Refund Policy?
The NISM refund policy states that fees once paid through the payment gateway shall not be refunded. But, for other reasons, this can be done if there is numerously debiting from a Candidate Card/Bank Account due to technical error. Or payment gets deducted from the Candidate Card/Bank Account but the enrolment for the examination is unsuccessful.
What are the NISM Series-XII: Securities Markets Foundation Exam topics?
NISM Series-XII: Securities Markets Foundation Exam topics include:
- Firstly, understanding Securities Markets and Performance
Secondly, Securities:- Types
- Features
- Concepts relating to asset allocation and investing
- Thirdly, primary markets
- Next, secondary markets
- After that, mutual funds
- Lastly, derivative markets
What is the Special Accommodation Policy?
To get the special accommodation for the NISM Certification Exam, candidates have to inform NISM and send the form to NISM at least 30 days in advance. After that, the approval for Special Accommodation will is given to the candidate by NISM after assessing its requirements.
What is the Re-schedulement Policy?
Candidates can reschedule an enrolled exam by directly logging into the NISM Certification Portal. But, this must be done at least 15 days prior to the exam date, subject to the availability of examination dates and exam slots.
For More: Check NISM Series-XII: Securities Markets Foundation Exam FAQ Page
