NISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests

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NISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests 1
100 Questions • Mock Simulation
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NISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests 2
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NISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests 3
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NISM-Series-21A: Portfolio Management Services (PMS) Distributors Mock Tests 6
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Examination Objectives

  • Acquire fundamental knowledge about investments, securities markets, investing in stocks, fixed income securities, derivatives, and mutual funds.
  • Gain an understanding of the role of portfolio managers, the operational aspects of portfolio management services, the portfolio management process, and how to measure and evaluate the performance of portfolio managers.
  • Become familiar with the taxation, regulatory, governance, and ethical aspects pertinent to portfolio managers.

Assessment Structure

  • It comprises 100 multiple-choice questions.
  • Each question carries 1 mark, making the total marks for the examination 100.
  • Candidates are allocated 2 hours to complete the examination.
  • A passing score of 60 percent is required.
  • There is negative marking, with 10 percent of the marks assigned to a question deducted for incorrect answers.

Syllabus Outline with Weights

Chapter No Chapter Name Weightage (marks)
1 Investments 7
2 Introduction to securities markets 5
3 Investing in stocks 10
4 Investing in fixed income securities 5
5 Derivatives 5
6 Collective Investment Vehicles 5
7 Role of portfolio managers 10
8 Operational aspects of portfolio managers 13
9 Portfolio management process 15
10 Performance measurement and evaluation of portfolio managers 10
11 Taxation 5
12 Regulatory, governance and ethical aspects of portfolio managers 10
  Total marks 100

Study Materials

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NISM-Series-21A: Portfolio Management Services (PMS) Distributors Workbook
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Exam Instructions

  • Each test contains multiple-choice questions.
  • Each test contains up to 100 multiple-choice questions.
  • The last test in a series may contain fewer questions if the bank does not divide evenly.
  • Navigate freely between questions.
  • Submit test to view your results.
  • Good luck!

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