Explore the Exam and Question Bank particulars
NISM Series I: Currency Derivatives Mock Test and NISM I Question Bank details
The examination aims to establish a standardized baseline of minimum knowledge for individuals operating within the currency derivative segment. The goal is to enhance comprehension of currency markets and exchange-traded currency derivative products, ultimately leading to improved quality in investor service, operational process efficiency, and strengthened risk controls.
Examination Objectives
Upon successful completion of the examination, candidates should:
- Acquire a foundational understanding of currency markets, with a specific focus on Exchange Traded Currency Derivatives markets.
- Comprehend the trading, clearing, and settlement mechanisms associated with Exchange Traded Currency Derivatives markets. Additionally, gain knowledge of basic investment strategies utilizing currency futures and options products.
- Demonstrate knowledge of the regulatory environment governing exchange-traded currency Derivatives markets in India.
Assessment Structure
The NISM Series I: Currency Derivatives Certification Examination will have a total of 100 marks, with 100 questions, each carrying a weight of 1 mark. Candidates are allotted 2 hours to complete the exam. Negative marking of 25% of the marks assigned to each question will be applied for incorrect answers. The passing score for the examination is set at 60%.
WISH YOU ALL THE BEST FOR YOUR EXAM!!