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National Institute of Securities Markets (NISM) is an Indian public trust and also the national apex body for the regulation and licensing of financial market dealing profession in India along with being the central civil service staff training institute of SEBI established in 2006 by the Securities and Exchange Board of India (SEBI) the regulator for the securities market in India.
The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
NISM may refer to: National Institute of Securities Markets, an Indian public trust; Nexus International School Malaysia, a private international school based in ...
Free response tests are a relatively effective test of higher-level reasoning, as the format requires test-takers to provide more of their reasoning in the answer than multiple choice questions. [4] Students, however, report higher levels of anxiety when taking essay questions as compared to short-response or multiple choice exams.
This is an accepted version of this page This is the latest accepted revision, reviewed on 13 January 2025. Educational assessment For other uses, see Exam (disambiguation) and Examination (disambiguation). Cambodian students taking an exam in order to apply for the Don Bosco Technical School of Sihanoukville in 2008 American students in a computer fundamentals class taking an online test in ...
However, it is possible for the exam to have no Level 1 question. [4] Multiple education platforms offer test preparation programs that aim to help students study and pass the exams. Kaplan, UWorld, and Khan Academy offer sample questions mirroring the actual exam to assist in active and personalized learning. [citation needed]
The exam is three hours and is conducted only in English. It includes 60 questions, as follows: 30 multiple choice questions (MCQ - involving 10 questions of one mark each and 20 questions of two marks each), 10 multiple select questions (MSQ) and 20 numerical answer type (NAT) questions. Total marks are 100, 50 for MCQ, 20 for MSQ and 30 for NAT.
The Securities and Exchange Board of India (SEBI) was first established in 1988 as a non-statutory body for regulating the securities market.Before it came into existence, the Controller of Capital Issues was the market's regulatory authority, and derived power from the Capital Issues (Control) Act, 1947. [6]