Practise for the NISM-Series-X-B Investment Adviser (Level 2) Certification — set up like the real exam: 90 MCQs and 6 case studies. Practice questions based on the official NISM workbook, in English and Hindi, with an explanation for every answer. Free, no login.
📘 Formula & quick-revision sheet · 🗓 30-day study planner · 📚 Chapter notes & sample questions
An exam-like simulation: timed, MCQs drawn across all 20 chapters by the official module weightage, then the case studies — palette to jump around, mark-for-review, negative marking, and a score at the end.
A shorter set to warm up — same rules, less time.
The full paper — 90 MCQs and 6 cases, 150 marks — at the real exam's pace.
Ten full-length, exam-like mock tests (90 MCQs + 6 cases, 150 marks, with negative marking). Each test is a fixed paper you can retake to track your improvement — timed, with a score and explanations at the end.
Untimed and no negative marking. Pick a chapter, answer at your own pace, and see the correct answer and explanation after each question.
The real paper ends with 6 case studies, each with five questions of 2 marks — 60 of the 150 marks. Practise each case here: read the facts once, answer its five questions, see every answer explained.
For AMC trainers and branch sessions: ten questions drawn by the official chapter weightage, shown one at a time in big type — no timer, no palette. Put it on the projector, let the group call out answers, then reveal the answer with its explanation. Group answers are not saved into anyone's personal progress.
Aumsetu — free tools for Mutual Fund Distributors. This mock test is an independent, free study aid based on the publicly published NISM-Series-X-B (Investment Adviser Level 2) workbook (Version December 2025). It is not affiliated with, endorsed by, or a product of NISM or SEBI. "NISM" is a mark of the National Institute of Securities Markets. Always study the official workbook for the exam.