Introduction
Best Mock Test for NISM Series X-B: Investment Adviser Level 2 Exam
The Investment Adviser Level 2 certification (NISM Series X-B) is a mandatory SEBI-recognised exam for professionals offering investment advisory services under the Securities and Exchange Board of India (SEBI) regulations. This advanced module tests seasoned advisory knowledge — from insurance planning and retirement solutions to estate planning and behavioural finance.
Our mock test programme replicates the official exam structure with curated questions, enabling you to practise under realistic conditions and increase your chances of success.
Important Note
This is only a mock test for preparation purposes. We provide training and practice material rather than official certification. We do not conduct the actual NISM exam, nor do we issue NISM certificates. The official certification is granted exclusively by NISM upon successful completion of the formal exam.
Why Choose Only NIFM ?
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Expert-designed mock tests aligned with the latest NISM syllabus
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High-quality questions and case studies modelled on real exam patterns
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Proven success records and high satisfaction among past learners
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Affordable online solution letting you practise conveniently
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Detailed performance reports to sharpen strengths and work on weaknesses
What You Will Get?
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Extensive question bank with hundreds of NISM-format MCQs & case-based questions tailored for Level 2
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Real-exam simulation: full-length timed mock tests mirroring NISM Series X-B structure
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Detailed solutions and explanations to build conceptual clarity and exam strategy
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Progress tracking and analytics to identify weak areas and refine your approach
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Flexible 24/7 online access — study at your own pace, anytime, anywhere
Frequently Asked Questions (FAQs)
Q1. What is the NISM Series X-B exam?
It’s a SEBI-mandated certification for advanced investment advisers, focusing on advisory skills beyond basics.
Q2. How many questions does the final exam have?
The exam includes 90 MCQs + 6 caselets (each 5 questions) totalling 150 marks in 3 hours.
Q3. What is the passing score?
You need at least 60% (i.e., 90 marks out of 150) and beware of negative marking.
Q4. Does this mock test give the certificate?
No. This is a preparation platform only. The official certificate is issued by NISM.
Q5. Who should take this mock test?
Investment advisers (Level 1 cleared), financial consultants, and professionals preparing for the NISM X-B exam.
Assessment Structure:
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Duration: 180 minutes
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No. of Questions: 120
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Total Marks: 150
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Marks per Question: 1–2
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Passing Score: 60% (90 marks)
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Negative Marking: Yes (25%)
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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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Individual Investment Advisers (after Level 1)
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Principal Officers of Investment Advisory Firms
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Financial Consultants & Wealth Managers
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Bankers tasked with advisory roles
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Traders, Analysts wanting to enter advisory domain
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Working Professionals aiming for career growth in financial advisory
Course Outline
Chapter 1 : Mock Test Investment Adviser Level 2 NISM Series X-B
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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