Securities Market Basic Module (Foundation Module) FAQ
What is Securities Market Basic Module (Foundation Module) examination ?
The Securities Market Basic Module (Foundation Module) certificate examination mainly focuses on the issues relating to different areas of the securities market in greater depth and detail than the Financial Market Beginner’s Module. In addition, the course helps understand the securities market structure and government securities market.
Is there any negative marking in NCFM exam?
There is a negative marking for every wrong answer and 25% of the marks will be deducted.
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 difference between NCFM and NISM?
NCFM provide knowledge to professionals working in the financial industry by providing training certification for various industry fields to provide an advantage in getting a job. Whereas NISM is launched by SEBI is opted by those investors who have an interest in gaining knowledge in finance market. With SEBI it provides quality to financial market.
What is the benefit of NCFM Certification?
NCFM certification provides advantages and benefits to the individuals who want to pursue a career in finance. This will provide in depth knowledge in financial sectors and help you understand the concepts. This certification comes with different courses in the banking and finance which will provide abilities and skills. You learn about mutual funds and give you knowledge about the risk involved and provide you job security.
How many questions will appear in the exam?
The exam consists of 60 questions which need to be completed in time duration of 120 minutes.
What is the fee structure of the exam?
This certification is valid for 5 years and it will cost you INR 2006.
What are the languages available for the exam?
The exam is available in English language only.
What is the passing score for the exam?
The candidate has to score a minimum of 60% in order to pass the exam.
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 will be benefit from this course?
- Students
- Teachers
- Employees of Banks, Insurance Companies”
- Primary Dealers
- Employees of Brokers/Sub-Brokers
- Anybody having interest in the Indian money market
Why should one take this course?
- Firstly, To understand the various products, participants, and functions of the securities market.
- Secondly, To understand the market design of Primary Market & Secondary Market
- . To understand the government securities market.
