NISM Series XII: Securities Market Foundation Certification Examination

Who Should Prepare NISM 12 Securities Market Foundation Certification Examination?

This NISM Certification mostly covers concepts related to Securities Market. After preparing for NISM Series XII, you will learn about the basics of Indian Securities Market and it’s types, features and various other concepts of equity market. Anyone who have interest in Indian Securities market or Employees of intermediaries can prepare for this NISM Module.

Study Material For NISM Series XII:

You can buy Nism 12 workbook from Amazon or you can get Ebook of NISM 12 from here free of cost from our website.

We have also provided Free Mock test for Nism Series XII in this website. Our Nism Mock test discuss all the relevant concepts of this NISM Certification in detail and provide accurate explanation for every question with numericals.

LIST OF CHAPTERS IN NISM Series 12:

Unit NAME OF UNITS DIFFICULTY LEVEL
1UNDERSTANDING SECURITIES MARKETS AND PERFORMANCEEasy
2SECURITIES: TYPES, FEATURES AND CONCEPTSMedium
3Primary Market.Medium
4SECONDARY MARKETSMedium
5MUTUAL FUNDS Tough
6DERIVATIVE MARKETSMedium
7 FINANCIAL PLANNING AND SECURITIES MARKETSMedium
You can register for NISM in their official website

NISM Securities Market Foundation Mock Test (Play And Earn):

#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

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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