NISM mock tests

The National Institute of Securities Markets (NISM) conducts mandatory and voluntary certification examinations for finance professionals in India. These exams ensure a common minimum knowledge benchmark for associated persons in the securities market and are mandated by SEBI.

  • 4 series
  • 40 tests
  • Updated Jun 2026
  • Free

NISM test series

4 series, all free to attempt.

  • 10 mock tests English Free

    Currency Derivatives Certification Examination is a mandatory SEBI-regulated credential. It creates a baseline knowledge benchmark for professionals working in forex markets, covering the basics of exchange-traded currency derivatives, risk management, and clearing mechanisms. It covers Basics of Currency Markets, Derivatives Fundamentals, Trading and Hedging Strategies, Clearing & Settlement and Regulatory frameworks

  • 10 mock tests English Free

    Interest Rate Derivatives Certification Examination is a mandatory SEBI-regulated certification for professionals in the Indian capital market. It establishes a common minimum knowledge benchmark for traders, advisors, and sales personnel managing interest rate derivative products and associated risks. Key modules includes Fixed Income Markets, Bond Mathematics, Interest rate Derivatives, Trading and Clearing Mechanisms and Regulatory frameworks

  • 10 mock tests English Free

    Equity Derivatives Certification Examination is a mandatory SEBI-approved benchmark for anyone working as a sales professional or approved user in the Indian stock market's derivatives segment. It tests your knowledge of futures, options, risk management, and trading strategies. It comprohensively tests your understanding on Basics of Derivatives, Understanding Indices, Futures and Options, Clearing & Settlement and Regulatory Frameworks.

  • 10 mock tests English Free

    Common Derivatives Certification Examination is a mandatory regulatory exam for professionals and Mutual Fund Distributors aiming to sell Specialized Investment Funds (SIFs) and trade derivatives in India. It combines the Equity, Currency, and Interest Rate derivatives modules into a single comprehensive test. It tests your knowledge on Equity Derivatives, Currency Derivatives and Interest Rate Derivatives

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Questions about NISM mock tests

Are the NISM mock tests really free?
Yes. All 40 tests across these series can be attempted at no cost. A free account saves your scores.
Which series should I start with?
Pick the series that matches the NISM paper you are registered for, then work through its tests in order.
Can I retake a test?
Yes, as often as you like. Completed tests show your last score so you can track improvement.

FreeTestSeries is an independent practice platform and is not affiliated with the NISM exam body. Always confirm the latest exam pattern on the official website.

Free NISM Mock Test 2026 | NISM Certification Practice Test