NISM Series 10b: Investment Advisors (Level 2) Certification Examination

Who Should Prepare NISM 10b Certification Examination?

NISM 10b is also known as NISM Investment Advisors (Level 2) Certification Examination. As Investment Advisors are very important profession in Securities Market, there are two levels in this module. Like Level 1 , this Level 2 of  Investment Advisors covers all the relevant  aspects of Investment Advisors in brief.

As previously discussed must course for  those who work as a Investment Advisors in India. As SEBI has made this Certification compulsory to work legally as a Investment advisor in India.

Investment Advisors  is basically an Registered Investment Advisor that provides  online investment advice to those in defined contribution plans. Saving for retirement can be difficult,  that’s why  Investment Advisors are exist every step of the way to help you along.

Any Financial planning advice from retirement to the stock market can be obtained with the help of Investment Advisors. Investment education is key in  planning an  intelligent  retirement plan.

Study Material For NISM 10b:

You can buy NISM Series 10 B: Investment Advisors (Level 2) Certification Examination workbook from Amazon or you can get previous edition of Ebook of NISM 10b from here free of cost.

We also provide free mock test. We have covered all the NISM Series 10 B: Investment Advisors (Level 2) Certification Examination questions and answers with detailed explanation for each question. This mock test also includes real life word problems and numericals as they also very important part of this modules.

There Are About 7 Units / Chapters In NISM 10b:

UnitsChapter Name
Unit 1Understanding Securities Markets and Performance
Unit 2Knowing Operational Aspects of financial transactions
Unit 3Personal Financial Planning
Unit 4Comprehensive Financial Planning
Unit 5Product analysis and selection
Unit 6Regulatory and Compliance Aspects
Unit 7Case studies in Comprehensive Financial Advice

Before preparing for Level 2, I must advise you to check our Investment advisors level 1 study material. Comprehensive Financial Planning, Regulatory and Compliance Aspects are the most important chapters in Investment Advisors (Level2) Certification Examination and have most Weightage.

As you can see their are only 7 chapters in Investment Advisors Level 2 exam. And all of them have significant weightage. All chapters are important. You should not ignore chapters like Knowing Operational Aspects of financial transactions and Case studies in Comprehensive Financial Advice despite having lowest weightage because they are very important chapters and can be covered in just few days.

NISM 10b Mock Test (Play And Earn):

This NISM 10b mock test is created by our very experienced teacher who have deep knowledge and is a well known Investment Advisor.

This is sample mock test of Investment Advisors (Level 2). These questions are up to date with detailed explanation of every question. The answers are easy to understand and are 100% accurate.

#1. In money market fund, for individuals and HUF investors DDT applicable is

In money market fund (not equity fund),

for individuals and HUF investors

DDT applicable is

29.12% (25% with 12% surcharge and 4% cess).

#2. In Debt fund, DDT applicable to Domestic company is

#3. In Debt fund, DDT applicable to NRI is

#4. In Infrastructure Debt fund, DDT applicable to NRI is

In Infrastructure Debt fund,

DDT applicable to NRI is 5.824% (5% with 12% surcharge and 4% cess)

#5. Which among the following option is due diligence criteria for individual distributors?

#6. Before the expiry of one month from the close of each half year, The mutual fund shall display the unaudited financial results

As per the SEBI,

It is mandatory for AMC  to display the

unaudited financial results on their website

Before the expiry of one month from the close of each half year.

#7. Celebrities can endorse any schemes of a specific Mutual Fund

As per the SEBI advertising code for mutual funds,

celebs can’t endorse any scheme of a particular Mutual fund

#8. Permanent Retirement Account Number (PRAN) card is

PRAN card is issued only to NPS subscribers

and can be used as a valid photo id proof

for KYC verification for micro SIP.

#9. In NPS, investor can allocate their fund in

In NPS,

Investor can allocate their fund in four asset class:

  1. Equity= Asset class E

  2. Corporate Debt= Asset class C

  3. Alternative investment product= Asset class A

  4. Government bonds= Asset class G

#10. In NPS, which among the following investment options can't be consist in Alternative investment product (Asset class A)?

Corporate debt comes under Asset class C.

While all these options comes under Asset class A:

  1. Units issued by Real Estate Investment Trusts regulated by SEBI.
  2. Units issued by Infrastructure Investment Trusts regulated by SEBI.
  3. Commercial mortgage based securities.
  4. Asset backed securities regulated by SEBI.
  5. Alternate Investment funds registered by SEBI.   

Remember the above options they are very important for exam.

#11. Investor can file suit against

Here the word Trust is refer to Mutual fund.

As we all know that  Mutual Fund is Trust not a company.

So as per rules, Investors have right to sue Trustees but not Trust.

finish

Results

 

 

Click to start: Part 6 of Premium NISM Mock Test of NISM V A:

 

 

 

Click to start: Part 6 of Premium NISM Mock Test of NISM V A:

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges.

As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Past performance of securities/instruments is not indicative of their future performance. This post is only for Educational purpose.

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