NISM Exam Prep and Mock Tests

PrepClever

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About this app

Free NISM mock tests, chapter-wise practice questions and clear explanations for every answer. NISMReady covers 9 NISM certification exams on the real SEBI exam pattern, so your practice matches exactly what you face at the test centre.

NISM CERTIFICATIONS COVERED

• NISM Series V-A: Mutual Fund Distributors (NISM 5A / MFD exam)
• NISM Series VIII: Equity Derivatives (NISM 8)
• NISM Series X-A: Investment Adviser Level 1 (NISM 10A)
• NISM Series X-B: Investment Adviser Level 2 (NISM 10B)
• NISM Series XV: Research Analyst (NISM 15)
• NISM Series XV-B: Research Analyst Renewal
• NISM Series XXI-A: PMS Distributors
• NISM Series XXV-A and XXV-B: Persons Associated with Investment Advice

Each exam uses its official pattern: question count, time limit, negative marking and pass percentage as set by NISM, with a chapter-wise result breakdown at the end.

WHY CANDIDATES CHOOSE NISMREADY

Most candidates fail NISM exams not because the syllabus is hard, but because they practise from scattered PDFs and outdated question dumps. NISMReady gives you one clean place to prepare, mapped to the current NISM workbook.

• Full-length NISM mock tests
Realistic mocks with timer, negative marking and the exact pass cutoff. See your score by chapter so you know precisely where you lose marks.

• Chapter-wise practice questions
Drill the NISM workbook chapter by chapter. Every question has a worked explanation, so you learn the concept instead of memorising answers.

• Free diagnostic test
Start with a short diagnostic and get a preparedness score that tells you how ready you are for the real exam.

• Smart revision
The app tracks accuracy per chapter and time per question, then tells you what to revise next. Short last-day revision sets cover the highest-yield topics before your exam.

• Works on the go
Five-minute practice sessions built for a commute. Offline-friendly on patchy networks, and your progress syncs with the web app at prepclever.in.

• Distraction-free
No ads inside a mock test. No popups while you focus.

WHO IS THIS APP FOR

• Mutual fund distributors and agents writing NISM Series V-A for their ARN
• Dealers, sub-brokers and analysts writing NISM Series VIII Equity Derivatives
• Investment advisers writing NISM Series X-A and X-B for SEBI IA registration
• Research analysts writing NISM Series XV, or renewing with XV-B
• Bank and broking employees who need a NISM certificate for their role
• Finance students adding a SEBI certification to their resume
• Anyone who failed a NISM attempt and wants a structured second attempt

HOW YOU PASS WITH NISMREADY

1. Take the free diagnostic test to get your baseline preparedness score.
2. Fix weak chapters with topic-wise practice questions.
3. Attempt full-length mocks until you consistently score above the cutoff.
4. Run the last-day revision set the night before your exam.
5. Walk into the NISM test centre confident.

ABOUT NISM

NISM (National Institute of Securities Markets) is a SEBI-established institute that conducts mandatory certification exams for professionals in the Indian securities market. NISMReady by PrepClever is an independent preparation app and is not affiliated with or endorsed by NISM or SEBI.

Download NISMReady free and clear your NISM exam in the first attempt