NISM Mock Test -3 with Explanations
This free NISM Equity Derivatives mock test 3 is designed to help you practice real exam-level questions with negative marking and detailed explanations.
FAQ About Mock Test 3
Yes, mock test 2 has a different question set. It gives you more practice with new concepts and new examples.
This test includes theory, strategy, and calculation questions. Some questions are easy to understand, while some are tricky.
It includes both strategy and calculation questions. The idea is to give balanced exam preparation.
Yes, the explanations are written in simple English. They are meant to help you learn without confusion.
Yes, you can compare your answers with the correct ones after the test. This helps you see how much you have learned.
Yes, it can help in last-minute revision. It is useful for checking important concepts quickly.
Yes, the question style is made to match NISM exam style. It includes multiple-choice questions and practical concepts.
Yes, you can share the page link with friends. It can also help others practice for the exam.
Equity Derivative Mock Test Instructions
- Total Questions: 100
- Time Duration: 120 Minutes
- Each Question carries 1 mark
- Negative Marking: -0.25 for wrong answer
- No marks for unanswered questions
- You can skip questions and return later
- Use “Deselect” to remove an answer
Important Instructions
- Do not guess answers unnecessarily
- Manage your time wisely
- Review marked questions before submission
- Ensure a stable internet connection
- Click “Submit Quiz” before time ends
NISM EXAM RULES
- The timer will start once you begin the test
- Test will auto-submit after time completion
- Do not refresh the page during test
- All answers will be auto-saved
Smart Attempt Strategey
- Attempt easy questions first
- Skip difficult questions
- Avoid blind guessing (negative marking)
- Review doubtful answers at the end
“📢 Disclaimer”
This mock test is for practice purposes only. While we try to keep content accurate and updated, the NISM syllabus, rules, and regulations may change, and some answers may not reflect the latest updates.
Please do not rely 100% on this test. Always refer to the latest official NISM study material.
By attempting this test, you agree that you are using it at your own discretion, and we are not responsible for any errors or outcomes based on this content.