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Each button starts Test 1 for that subject. Additional tests require purchase.
NISM-Series-8: Equity Derivatives Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-15: Research Analyst Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-5A: Mutual Fund Distributor Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-1: Currency Derivatives Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-16: Commodity Derivatives Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-7: Securities Operations and Risk Management (SORM) Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-10A: Investment Advisor (Level 1) Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-10B: Investment Advisor (Level 2) Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-2A: Registrars and Transfer Agents (Corporate) Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-2B: Registrars and Transfer Agents (Mutual Fund) Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-4: Interest Rates Derivatives Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-6: Depository Operations Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-13: Common Derivatives Mock Test
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-19A: Alternative Investment Funds (Category I and II) Distributors Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-21B: Portfolio Managers Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-23: Social Impact Assessors Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-24: AML and CFT Provisions in Securities Markets Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-3A: Securities Intermediaries Compliance (Non-Fund) Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-9: Merchant Banking Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-12: Securities Markets Foundation Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-19C: Alternative Investment Fund Managers Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-5B: Mutual Fund Foundation Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-5D: Mutual Fund - Specialized Investment Fund (SIF) Distributors
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-19B: Alternative Investment Funds (Category III) Distributors Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-19D: Category I and II Alternative Investment Fund Managers Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-19E: Category III Alternative Investment Fund Managers Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM-Series-17: Retirement Adviser Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNISM IFSCA 01: Anti Money Laundering and Counter Terrorist Financing Certification in the IFSC
100 Questions • Free Test 1
Free Test View subject detailsNISM Series 22: Fixed Income Securities Mock Test
100 Questions • Free Test 1
Free Test View subject detailsIC 11 Practice of General Insurance Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsIC 02 Practice of Life Insurance Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsNCFM Financial Market Beginner Module Mock Test
100 Questions • Free Test 1
Free Test View subject detailsNCFM Derivatives Market (Dealers) Module Mock Test
100 Questions • Free Test 1
Free Test View subject detailsIBBI Registered Valuer – Securities or Financial Assets Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsIBBI Registered Valuer – Land & Building Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsIBBI Registered Valuer – Plant & Machinery Mock Tests
100 Questions • Free Test 1
Free Test View subject detailsHow free tests work
- Test 1 is free for every subject (login required).
- Tests 2+, case-based tests, and final mocks need a subject purchase (unless the subject is fully free).
- Preview sample questions on each subject page before you buy.
Frequently Asked Questions About Free Mock Tests
Quick answers before you start your first free NISM or financial certification practice test.
Yes. For every subject on PassNISM, Test 1 is free after you create an account and log in. You do not need to buy a package to attempt that first practice test.
Yes. A free PassNISM account is required so we can save your attempt, show result analytics, and unlock Test 1 for each subject. Registration is free and takes under a minute.
You get one free practice test (Test 1) per subject. Additional practice tests, case-based tests, and final mocks need a subject purchase unless that subject is marked fully free.
Each free Test 1 typically includes up to 100 multiple-choice questions (MCQs), designed to feel like a full-length practice exam for that certification.
No. PassNISM is an independent mock test platform. We are not affiliated with NISM, SEBI, IRDAI, or any official exam body. Always confirm dates, fees, and rules on the official regulator or institute website.
Free Test 1 is available across NISM series exams and other financial certifications listed on this page — including Insurance, NCFM/NSE modules, IBBI valuation, and SEBI investor exams where the subject is published on PassNISM.
You get score analytics, question-wise review, and performance insights for that attempt. You can also leave feedback on question quality, usability, and analysis after you finish.
Test 1 is your free access tier for that subject. Re-attempts and extra full-length tests depend on your subject access. If you need more practice after Test 1, purchase the subject package for additional mocks.
PassNISM practice tests follow the scoring rules configured for each subject’s exam pattern. Check the on-screen instructions before you start — they show marks per question and whether negative marking applies.
Yes. PassNISM question banks are maintained for current syllabus coverage for each listed exam. Still verify the latest official workbook or circular before your real exam date.
Free Test 1 lets you experience exam-style MCQs and analytics for one full practice set. Paid access unlocks more practice tests, case-based sets (where available), and final mocks for deeper preparation.
Yes, where those subjects are listed on PassNISM. Open the matching category tab on this page and start Free Test for that subject after login — the same one-free-test rule applies.
After you submit, PassNISM shows your score and lets you review questions with correct answers and explanations (where available). You can also preview 5 sample MCQs with answers on each subject’s sample questions page before starting.
Open the subject page, purchase access for that subject, and unlock Tests 2+, case-based tests, and final mocks. Pricing and duration are shown on the subject page before you pay.
Yes. Each subject page links to free sample questions with answers and explanations. Preview question style first, then start Free Test 1 when you are ready for a full timed practice set.