Introduction
NISM Series XIII Mock Test – Common Derivatives Certification | NIFM
The NISM Series XIII: Common Derivatives Certification is an essential qualification for professionals engaged in India’s equity and currency derivatives markets.
It serves as a common knowledge benchmark for traders, dealers, analysts, and back-office personnel working in exchange-traded derivative segments.
The certification aims to ensure a sound understanding of market structure, trading strategies, clearing and settlement systems, margining, and regulatory frameworks governing derivatives trading.
The NIFM Mock Test for NISM Series XIII is a powerful practice tool created to help learners build confidence, improve accuracy, and master exam concepts through 1000 high-quality practice questions based on the latest NISM syllabus.
Important Note
This mock test is purely for practice and preparation. The official NISM Series XV certification is awarded only by NISM after passing the actual exam. This course helps you prepare, but does not guarantee the certificate.
Why Apply for This Mock Test?
Covers Equity & Currency Derivatives Together
Get complete understanding of both derivative segments under one certification.
Boost Exam Confidence
Simulate the actual NISM testing environment to improve time management and exam strategy.
Understand Real Market Mechanisms
Learn how futures, options, and hedging strategies work in live trading scenarios.
Perfect for All Market Roles
Designed for traders, dealers, analysts, back-office executives, and risk managers.
Prepare Anytime, Anywhere
Practice online with 3 months of access and unlimited attempts
What You’ll Learn?
This mock test covers every concept from both equity and currency derivatives, including:
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Fundamentals of derivatives markets
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Futures and options concepts and pricing models
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Hedging, speculation, and arbitrage strategies
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Clearing, settlement, and margining processes
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Risk management and investor protection
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Roles of clearing members, brokers, and clients
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Regulatory and compliance framework (SEBI, RBI)
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Trading mechanisms on NSE & BSE
By completing this mock test, you’ll gain deep conceptual clarity and practical understanding to ace your NISM Series XIII exam confidently
FAQs – NISM Series XIII (Common Derivatives) Mock Test
Q1. What is the NISM Series XIII Certification?
A: It’s a certification by NISM covering both equity and currency derivatives, focusing on trading, clearing, settlement, and risk management.
Q2. How will the NIFM Mock Test help me?
A: It provides 1000 real exam-style questions, topic-wise tests, and full-length mocks to help you master all exam topics and improve accuracy.
Q3. How long do I have access to the course?
A: You’ll get 3 months of online access with unlimited attempts to practice anytime, anywhere.
Q4. Are the mock tests updated as per the latest syllabus?
A: Yes , all questions follow the latest NISM Series XIII syllabus and pattern.
Q5. Is there negative marking in the exam?
A: Yes. Each wrong answer carries a 25% penalty of the question’s marks.
Q6. Do I get a certificate from NIFM?
A: You’ll get a mock test completion acknowledgment. The official certification is issued by NISM upon passing the actual exam.
Q7. Who should take this mock test?
A: Ideal for traders, dealers, risk managers, analysts, and anyone preparing for the NISM Series XIII: Common Derivatives Certification Exam.
What you will get?
Book: NO
Mock test: Yes (online mock test with approx 500 question answers)
Certification: For preparation for NISM exam
NISM Assesment Structure:
Duration: 180 minutes
No. of questions: 150
Total Marks: 150
Marks per question: 1
Passing score: 60%
Negative Marking: Yes (25%)
Certificate validity: 3 years
About Course
Course Requirements
Computer, Laptop, ipad, tab or mobile phone required with broadband or 4G internet.
Who is this Course for?
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Students
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Finance Graduates
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Dealers
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Traders
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Risk Managers
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Treasury Professionals
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Research Analysts
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Compliance Officers
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Back-Office Staff
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Brokers & Sub-Brokers
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Bank Employees
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Derivatives Enthusiasts
Course Outline
Chapter 1 : Mock Test NISM Series XIII Common Derivatives Examination
Rs.399* Rs.1000
60% OFFThis Course includes
1 Section
E-Books in pdf(Only in Courses)
Mock Test for Practice
Final Certification Test
Certification from NIFM
Contact for Corporate Training
Enterprise training for Team
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