Securities operations & risk management (NISM Series Vll) exam is conducted by the National Institute of Securities Markets (NISM) is technically an important exam. It is the basic requirement for the person to be associated with a registered stock-broker in acknowledging stock exchanges. More than 150 cities in India, this series is performed by NISM.

At various NISM centers, the NISM series vii exams are conducted online & all questions are of multiple choice. Nism centers provide many training & mock tests to prepare candidates for the examinations. Nism series vii mock test has 26 questions of one marks each & please note that the actual examination for Nism series vii has 100 questions of one marks each. Negative marking of 25% of the marks are also assigned to each question & candidates have to answer the questions in the time duration of 120 minutes.

The candidates only have the experience of the Nism testing system with these mock exams. For this exam, 50% is the passing mark for passing the NISM series vii exam. The Nism exam can be applied by the candidates who are actively engaged in the intermediaries' securities business including supervision, solicitation & conduct of business. The other category of these examinations is the Proprietor, Sole Proprietor, Partner, Managing Partner, Chairman, Executive Director, Director & Chief Executive Officer.

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