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NISM Series V-A Mock Test

Practice with a full 100-question mock test that mirrors the real NISM Series V-A exam — timed to 2 hours with instant results. No negative marking — attempt every question.

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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 there is no negative marking — a wrong answer scores zero. 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

No negative marking

Attempt every question — wrong answers score zero, same as skipped

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

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