Free Test 1 per NISM subject

NISM Mock Tests for Certification Exams

PassNISM offers NISM mock tests online — full-length multiple-choice questions (MCQs), score analytics, and study notes. Test 1 is free per subject after you log in. You can also practice Insurance, NCFM, IBBI, and SEBI exams. PassNISM is not affiliated with NISM or SEBI.

Free NISM mock test
Sample Questions
Real exam-style mocks Performance analytics Latest Syllabus

4.8/5 from 10,608 Mock Test reviews — see exam trends

Trusted by 10,000+ users

Established Mock Test Platform

Unlimited Attempts
10K+
Registered Users
600+
Questions per Subject (Avg.)
>98%
Success Rate for Subscribers
54K+
Tests Appearance in 2026

Which NISM Mock Tests Can You Practice?

Choose a NISM series, Insurance, NCFM, IBBI, or SEBI subject and start a structured mock test.

Get 15% Back as a Coupon, for what you Pay
NISM-Series-8: Equity Derivatives Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-15: Research Analyst Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-5A: Mutual Fund Distributor Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-1: Currency Derivatives Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-16: Commodity Derivatives Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-7: Securities Operations and Risk Management (SORM) Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-10A: Investment Advisor (Level 1) Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-10B: Investment Advisor (Level 2) Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-2A: Registrars and Transfer Agents (Corporate) Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-2B: Registrars and Transfer Agents (Mutual Fund) Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-4: Interest Rates Derivatives Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-6: Depository Operations Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-13: Common Derivatives Mock Test
Buy Now ₹2,697 ₹999
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-19A: Alternative Investment Funds (Category I and II) Distributors Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-21B: Portfolio Managers Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-23: Social Impact Assessors Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-24: AML and CFT Provisions in Securities Markets Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-3A: Securities Intermediaries Compliance (Non-Fund) Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-9: Merchant Banking Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-12: Securities Markets Foundation Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-19C: Alternative Investment Fund Managers Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-5B: Mutual Fund Foundation Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-5D: Mutual Fund - Specialized Investment Fund (SIF) Distributors
Buy Now ₹2,697 ₹999
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-19B: Alternative Investment Funds (Category III) Distributors Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-19D: Category I and II Alternative Investment Fund Managers Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-19E: Category III Alternative Investment Fund Managers Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-Series-17: Retirement Adviser Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM IFSCA 01: Anti Money Laundering and Counter Terrorist Financing Certification in the IFSC
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM Series 22: Fixed Income Securities Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-IFSCA-02A: Cyber Security and Cyber Resilience in the GIFT IFSC (Basic) Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NISM-IFSCA-02B: Security and Cyber Resilience in the GIFT IFSC (Advanced) Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
View all NISM Exams →
IC 11 Practice of General Insurance Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
IC 02 Practice of Life Insurance Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
IC 01 Principles of Insurance Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
IC 38 Insurance Agent Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
IC 72 Motor Insurance Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
View all Insurance Exams →
NCFM Financial Market Beginner Module Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NCFM Fundamental Analysis Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NCFM Technical Analysis Module Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
NCFM Derivatives Market (Dealers) Module Mock Test
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
View all NCFM, NSE, BSE & MCX Exams →
IBBI Registered Valuer – Securities or Financial Assets Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
IBBI Registered Valuer – Land & Building Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
IBBI Registered Valuer – Plant & Machinery Mock Tests
Buy Now ₹899 ₹499
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
View all IBBI Valuation Exams →
SEBI Investor Awareness Mock Tests
Buy Now Free
Free Sample 5-Min Quiz Study Notes Free Test Workbooks
View all SEBI Investor Awareness Exam →

Latest NISM Content

Recent NISM exam guides, mock-test tips, and certification notes from the PassNISM blog.

View all NISM content

SEBI Investor Awareness — 3 Free Full-Length Mock Tests

Check your knowledge for investment with our SEBI Investor Awareness mock tests — 3 complete full-length tests, totally free, no purchase required.

Start Free SEBI Investor Awareness Tests

How Do Free NISM Mock Tests Work on PassNISM?

Direct answers on free Test 1, paid mocks, sample questions, and exam prep.

A NISM mock test is a practice exam that uses multiple-choice questions (MCQs) in the style of NISM certification papers. On PassNISM, Test 1 is free per subject after login (up to 100 MCQs with score analytics). Extra mocks may require purchase.

PassNISM is an independent online platform for NISM and financial certification mock tests. You can practice full-length MCQs, review analytics, use study notes, and prepare for NISM, Insurance, NCFM, IBBI, and SEBI investor exams.

Yes. Create a free account and take Test 1 for every subject at no cost. Extra practice tests, case-based sets, and final mocks unlock after you purchase that subject (unless it is fully free).

No. PassNISM is not affiliated with NISM, SEBI, IRDAI, or any official exam body. Use PassNISM for practice only, and confirm registration, fees, and syllabus on the official websites.

PassNISM covers major NISM series certifications plus Insurance (IC/IRDAI), NCFM/NSE modules, IBBI valuation exams, and SEBI investor certification pathways listed on the Subjects section.

Register or log in, open Free Tests or pick a subject from the home page, then click Free Test / Start Test for Test 1. You will get up to 100 MCQs with score analytics after submission.

You receive your score, question-wise review, and performance analytics. Where explanations exist, you can study why an answer is correct and revisit weak areas before the next attempt.

Yes. Each subject page links to free sample questions with answers and explanations so you can preview question style before starting a full mock test.

No limit. You can take as many attempts as you want for each subject. PassNISM is designed for repeated practice to help you improve your score and readiness for the official exam.

Each subject includes 600 to 1,000 questions with analysis and descriptions. PassNISM covers more than 40 subject certifications from NISM, Insurance (IRDAI), NCFM, BSE, IBBI, and SEBI — with an overall question bank of 36,000+ MCQs.

PassNISM question banks are maintained for current syllabus coverage for each listed exam. Always cross-check the latest official workbook or circular before your exam date.

Practice tests use fixed question sets in sequence. The final mock pulls a random set from the subject pool to simulate exam variety and help you test readiness under less predictable conditions.

Case-based tests focus on scenario questions tied to a case passage. Standard practice tests use regular MCQs without a case description. Both help you prepare for different question styles.

Not for Test 1. Purchase a subject only when you want more mocks beyond the free test — such as Tests 2+, case-based practice, or final mocks for that certification.

Yes. After each completed attempt, PassNISM shows analytics for score, accuracy, and question review. You can also explore exam trends based on anonymized candidate activity and ratings.

Yes. Many subjects include study notes and materials hubs so you can revise concepts alongside mock tests. Open a subject page to see available notes and resources.

Yes. Start with sample questions, take free Test 1, review analytics, then add more mocks if you need deeper practice. The flow is designed for first-time candidates and repeat attempters.

Use the FAQ page for common account and purchase answers, or contact PassNISM support from the Contact page. For official exam registration and dates, use nism.ac.in or the relevant regulator site.
Start free test Share your certificate More FAQs

Free account · No payment needed for Test 1

Create a free PassNISM account

Continue with Google to start a free NISM mock test (Test 1) for this subject, save scores, and compare attempts.

Continue with Google