NISM Series 2A: R & T Agents Corporate Certification Examination

Who Should Prepare NISM R & T Agents Corporate Certification Examination?

The full form of R & T Agents is Registrar and transferring agents. After preparing for R & T Agents Corporate Certification Examination, you will learn about the basics of securities and securities markets and the role and functions of the R & T Agents in the corporate securities issuance and transaction process.

Study Material For NISM Series II A:

You can buy Nism 2a workbook from Amazon or you can Ebook of NISM 2a from here free of cost.

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


1Introduction to SecuritiesEasy
2Characteristics of Equity SharesMedium
3Other SecuritiesMedium
4Debt SecuritiesMedium
5Mutual FundsTough
6SEBI ‐ Role and RegulationsMedium
7Public Offer of SecuritiesMedium
8Private Placement of SharesMedium
9Public Offering of SharesTough
10Roles and Responsibilities in a Public IssueMedium
11Depository Services
12Processes Related to Depositories
13Investor Interface with the R&T Agent
14Secondary Market Transactions .

NISM Series 2A Summary of all Units:

Chapter 1 Introduction to Securities

1.1. Introduction to Equity and Debt
1.2. Features of Equity Capital
1.3. Features of Debt Capital
1.4. Hybrid Structures.

Chapter 2 Characteristics of Equity Shares

2.1. Investors in Equity Shares
2.2. Features of Equity Share Capital
2.3. Risks in Equity Investing
2.4. Dividend from Equity Shares
2.5. Preference Shares
2.6. Rights Issue of Shares.

Chapter 3 Other Securities

3.1. Warrants
3.2. Convertible Debentures
3.3. Depository Receipts
3.4. Foreign Currency Convertible Debenture (FCCB).

Chapter 4 Debt Securities

4.1 Features of a Debt Security
4.2 Varying Coupon Structures
4.3 Other Types of Bonds
4.4 Classification of Debt Instruments
4.5 Yield from Debt Instruments
4.6 Credit Rating.

Chapter 5 Mutual Funds

5.1 Collective Investment Vehicle
5.2 Proportionate Share of Benefits
5.3 Units Vs Shares
5.4 Assets under Management (AUM)
5.5 Fund Recurring Expenses (FRE)
5.6 Net Assets
5.7 Assets and Liabilities in a Mutual Fund Portfolio
5.8 Advantages of Mutual Funds

Chapter 6 SEBI ‐ Role and Regulations

6.1 Role of SEBI
6.2 Investor Education and Protection Fund (IEPF)
6.3 SEBI Regulations.

Chapter 7 Public Offer of Securities

7.1 Issuing Equity Capital
7.2 Public Offer of Shares
7.3 Reservations
7.4 Initial Public Offer
7.5 Eligibility for Public Issue of Shares
7.6 Follow‐on Public Offer
7.7 Buy Back of Securities.

Chapter 8 Private Placement of Shares

8.1 Qualified Institutional Placement
8.2 Rights Issue.

Chapter 9 Public Offering of Shares

9.1 Pre‐Issue Work
9.2 Post‐Issue Work
9.3 Terms and Concepts in Public Issue of Shares
9.4 Prospectus
9.5 Red Herring Prospectus
9.6 Underwriting
9.7 Green Shoe Option
9.8 Methods of Making a Public Issue of Shares.

Chapter 10 Roles and Responsibilities in a Public Issue

10.1 Registrar and Transfer Agents
10.2 Bankers to the Issue
10.3 Brokers to the Issue/Syndicate Members/ Designated Intermediaries.

Chapter 11 Depository Services

11.1 Dematerialisation
11.2 Constituents of the Depository System
11.3 Investor’s Interface with the Depository.

Chapter 12 Processes Related to Depositories

12.1 Dematerialisation of Securities
12.2 Rematerialisation of Securities
12.3 Trading and Settlement
12.4 Beneficial Owner Reporting
12.5 Corporate Actions
12.6 Reconciliation.

Chapter 13 Investor Interface with the R&T Agent

13.1 Transfer of Securities
13.2 Recording Change in Investor Information
13.3 Issue of Duplicate Certificate for Securities
13.4 Stop Transfers
13.5 Transmission
13.6 Annual General Meeting
13.7 E Voting.

Chapter 14 Secondary Market Transactions

14.1 Stock Markets
14.2 Participants in the Stock Markets
14.3 Listing of Securities
14.4 SEBI (LDOR) Regulations

NISM R & T Agents Mock Test (Play And Earn):




Click here to Start : Part 4 of Premium NISM Mock Test of NISM V A.



#1. Transaction in the platforms of BSE and NSE are governed by

NSE and BSE are transaction aggregator.

So the transactional disputes and Transactions in the platforms of BSE and NSE are governed by AMC.

#2. What information should be included in the advertisement of NFO?

#3. For which Funds, the total expenses of the scheme shall not exceed 1.5% of the net assets?

The total expenses of the scheme shall not exceed 1.5% of the net assets in case of all passive funds. As Exchange traded funds are passive funds so their  total expenses shall not exceed 1.5% of the net assets.

#4. In case of Fund of Fund schemes, the total expenses of the scheme

#5. Fund Accounting Fees can be charged to the scheme

Fund Accounting Fees can’t be charged to the scheme.

#6. Which among the following expenses can be charged to the scheme ?

#7. A Consolidated Account Statement for each calender month will be sent by email/post on or before

#8. In order to send Consolidated Account Statement, AMC will identify investors by their

#9. (STT) Security Transaction Tax is charged to Liquid Funds

(STT) Security Transaction Tax are only applicable to Equity and Equity-oriented funds at the time of redemption. As Liquid funds are Debt-oriented fund so STT is not applicable here.

#10. In the Growth option of Debt Mutual Fund scheme an Investor doesn't have

There is great advantage in the Growth option of Debt Mutual Fund scheme is that  an Investor doesn’t have to pay tax on their income till the time capital gain is booked.

#11. NAV of fund will remain constant, if dividend is paid to investors

If dividend is paid to investors, NAV of fund will  goes down to the  extent of  dividend  paid plus addition of DDT.


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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