NISM Exam 1000 Mock Questions and Answers

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Get 1000 Questions and Answers set to pass NISM Exam and get NISM Certified. Do not delay. Start downloading the test papers now to crack the NISM exam and get high-paid financial job.


Download the latest Questions and Answers asked in NISM Exam Certification Course. There is a total of 1000 Mock Questions and their Answers for you to prepare well and crack the NISM exam. It is important to take up this mock test to know where you stand in terms of your preparation. It is a downloadable file with a set of Questions and Answers, easy to read and in a structured format. This includes various questions from previous years and the latest trending questions as well with a probability of being asked this time.

Prerequisite for taking this practice test:

  • Any Fresher can take up this test

Advantages of going through the test papers

  • Pass NISM Exam with flying colors
  • Prepare for any financial job interviews specially for stockbroking, insurance, and banking sector jobs
  • Prepare for any other Financial exams
  • Score well in Financial Subjects
  • Understand the Financial World inclusive of basics of the stock market, mutual fund, derivatives, etc.

What do the 1000 NISM Exam Mock Questions and Answers consist of?

Introduction to Commodity Markets
A. History of Commodity Trading
B. Spot and Derivatives Trading in Commodities
C. Major Commodities Traded in Derivatives Exchanges in India
D. Participants in Commodity Derivatives Markets
E. Commodities Trading vis-à-vis Trading in Other Financial Assets
F. Commodity Markets Ecosystem
G. Factors Impacting the Commodity Prices
H. Commodity Options and Index Futures

II. Commodity Futures
A. Introduction to Futures
B. Distinction between Forwards and Futures
C. Cost-of-Carry
D. Convergence
E. Fair Value of a Futures Contract
F. Convenience Yield
G. Commodity Futures and Commodity Forwards
H. Pay-off Profile for Futures Contracts
I. Spot Price Polling and Final Settlement Price of Futures

III. Commodity Options
A. Introduction to Options
B. Option Terminology
C. Pay-off Profiles of Options Contracts
D. Determinants of Option Premium
E. Options on Commodity Futures
F. Options on Goods

IV. Commodity Indices
A. Commodity Index
B. Index Construction and its Constituents
C. Trading in Index Futures
D. Uses of Index Futures
V. Uses of Commodity Derivatives
A. Hedging
B. Long Hedge and Short Hedge Strategies Using Futures
C. Speculation
D. Arbitrage
E. Spread Trading
F. Basis
G. Option Trading Strategies
H. Hedging Strategies Disclosure Norms

VI. Trading Mechanism
A. Membership on Exchanges Having Commodity Derivatives Segment
B. Trading System in the Exchanges
C. Selection Criteria of Commodities for Trading on Derivatives Exchanges
D. Contract Specifications for Commodity Derivatives Contracts
E. Profit/Loss per Contract for a Change of One Tick
F. Order Types and Conditions
G. Tracking Commodity Futures and Options Prices
H. Participants in Commodity Derivatives
I. Disclosures by Exchanges

VII.Clearing Settlement and Risk Management of Commodity Derivatives
A. Clearing Corporation
B. Clearing and Settlement
C. Delivery Process
D. Entities Involved in the Clearing and Settlement Process
E. Premium/Discount
F. Penalty for Delivery Default
G. Deliveries in the Case of Physical Delivery
H. Risk Management for Exchange Traded Commodity Derivatives Markets
I. Position Limits and Computation of Open Position
J. Salient Features of Risk Containment Measures
K. Margining Mechanism
L. Additional Procedures for Other Market Segments
M. Raising of Bill for Delivery

VIII.Accounting and Taxation
A. Important Accounting Aspects related to Trading in Commodity Derivatives
B. Guidance Note Issued by ICAI on Accounting Treatment of Derivative Transactions
C. Accounting of Options Contracts
D. Important Tax Aspects Related to Trading in Commodity Derivatives

IX. Legal & Regulatory Environment of Commodity Derivatives
A. Regulatory Structure of Commodities Market
B. Securities Contracts (Regulation) Act, 1956
C. Securities and Exchange Board of India Act, 1992
D. Other Regulatory Norms to Encourage Commodity Derivatives
E. SEBI’s Code of Conduct for Brokers
F. Risk Disclosure to Client and KYC
G. Investors Grievance Redressal Mechanism
H. Rights and Obligations of Members and Clients
I. Additional Do’s and Don’ts for Clients / Investors in Commodity Derivatives

Take up these Test Papers to crack NISM Exam with good marks! In case of Doubts do mail us we will try to answer your queries and help you in passing the NISM exam.

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