NISM Series V-A Mock Test

Practice with a full 100-question mock test that mirrors the real NISM Series V-A exam — complete with negative marking, timer and instant results.

Start free mock test

About the NISM Series V-A exam

The NISM Series V-A certification is mandatory for anyone who wants to sell or distribute mutual funds in India.

The exam consists of 100 multiple choice questions to be answered in 2 hours. Each correct answer carries 1 mark and each wrong answer results in a deduction of 0.25 marks. The passing score is 50 out of 100.

The exam covers 7 chapters including mutual fund basics, fund structure, legal framework, offer documents, distribution channels, accounting and investor services.

What our mock test includes

100 questions

Full-length paper matching the real exam pattern

Negative marking

-0.25 per wrong answer, just like the actual test

2-hour timer

Practice under real exam time pressure

Instant results

Score, accuracy and pass/fail badge immediately

Chapter breakdown

See exactly which chapters need more work

AI explainer

Understand why each answer is correct

Start your free mock test

No payment required. Full 100-question paper, instant results.

We'll send a login code to your email. No password needed.

Ready to practice?

First 3 mock tests are free. No credit card required.

Start free mock test