Free mock tests · no card, no sales calls

Free mock tests that feel like the real exam

Full-length, timed tests for competitive and certification exams. Submit, and you see your score and the correct answer to every question straight away.

Equity Derivatives · Mock test 1

Question 14 of 100

01:42:18

An investor buys a call option with a strike price of ₹1,000 at a premium of ₹40. What is the break-even price of the underlying at expiry?

A₹960
B₹1,000
C₹1,040
D₹1,080
Mark for reviewSave & next
The test screen: timer, question palette and review flags, like the real computer-based exam.

66 full-length mock tests across 11 test series in 4 exams. Every one of them free to attempt.

Choose your exam

Each series is a set of full-length tests built to the official pattern. Open one to see every test in it.

Browse the full catalogue

Preparing for something else? New exams are added regularly. Tell us which exam you need.

The useful part starts when you press submit

A mock test is only worth taking if it tells you what to fix. Here’s what you get after every attempt.

  1. 1

    Your score, straight away

    Marks, accuracy and time taken, plus how many questions you got right, wrong or skipped.

  2. 2

    Every answer reviewed

    See the correct option next to the one you picked, and filter to just the questions you got wrong.

  3. 3

    Retake and compare

    Attempt a test again and check your history to see whether the weak areas are actually improving.

Your score

72/100

72% accuracy on attempted

Time taken 1h 34m

Correct 72 Wrong 18 Skipped 10

Answer review · Question 14

Break-even price of a long call with strike ₹1,000 and premium ₹40?

Your answer: ₹1,000

Correct answer: ₹1,040

Questions people ask before their first test

Anything else? Write to support@freetestseries.com.

Curious how the questions are made? Read our editorial policy.

Are the mock tests on FreeTestSeries really free?

Yes. Every mock test listed on the site can be attempted at no cost. A free account lets you save your scores and track progress across attempts.

If it's free, what's the catch?

There isn't one. The site is kept free by advertising: ads are clearly labelled and never appear inside a test. We only ask for your name and email, never a phone number or card, and we never make sales calls.

Which exams can I prepare for here?

Right now we have test series for NISM, CompTIA Security+, IRDAI and DGCA. New exams are added regularly — if yours isn't listed, email us and tell us which one you need.

Who writes the questions?

Questions are drafted with AI from the official syllabus and study material, then checked by a person before they go into a test. Full-length tests follow the official question count and duration. If you spot a mistake, report it and we'll fix it within 2 working days. Our editorial policy explains the full process.

How many mock tests should I take before the real exam?

Cover the syllabus first, then take at least 3–5 full-length timed tests. Go back over every question you got wrong before starting the next one.

Will I see the correct answers after a test?

Yes. As soon as you submit you get your score, the correct option for every question next to the one you picked, and your position on the leaderboard.

Does passing a mock test mean I'll pass the real exam?

No. A mock test shows how ready you are and where you're weak, but the real exam draws on a larger question bank. Use your results to decide what to revise.

Can I take the tests on my phone?

Yes. Tests run in any modern mobile browser, so there's nothing to install.

Are you connected to the official exam bodies?

No. FreeTestSeries is an independent practice platform. Exam names and trademarks belong to their respective owners.

Take your first mock test today.

It’s free, it takes a minute to sign up, and your scores are saved so you can see yourself improve.