NISM Series 7 Securities Operations Risk Management (SORM) Free Mock Test: A Comprehensive Guide

About the NISM Series 7 SORM Certification Exam

The NISM Series 7: Securities Operations and Risk Management Certification Examination is a moderately challenging certification exam administered by the National Institute of Securities Markets (NISM). It is a mandatory certification for professionals aiming to work in the back-office or operations departments of stock broking firms or securities market organizations. The exam is conducted in over 150 cities across India, with thousands of candidates appearing each year.

Free Mock Test Overview

Our NISM Series 7 SORM Free Mock Test is designed to mimic the actual examination, helping candidates familiarize themselves with the exam format and question types.

• Number of Questions: 100
• Total Marks: 100 (1 mark per question)
• Duration: 120 minutes
• Negative Marking: Yes, 25% per incorrect answer
• Passing Score: 50%

Key Features of the Mock Test

1. Realistic Exam Experience: The mock test is designed to provide an experience similar to the actual NISM exam, helping candidates understand the testing system.
2. Comprehensive Coverage: The mock test includes questions covering all essential topics such as the basics of the securities market, the trade life cycle, front-office, middle-office, and back-office functions, risk management practices, and the clearing and settlement process.
3. Assessment Structure: With 100 questions to be completed in 2 hours, candidates can gauge their speed and accuracy under timed conditions.

About the NISM Series 7 SORM Exam

• Assessment Structure: 100 questions, 1 mark each, 2-hour duration, 50% passing score, 25% negative marking per question.
• Examination Structure: Covers a wide range of knowledge competencies related to the securities market and its operations.
• Registration: Visit the NISM official website to register for the actual exam.

Important Notes:

• Familiarize yourself with Microsoft Excel or Open Office Calc for numerical calculations.
• The mock test questions are representative of the actual exam but may vary in difficulty.

FAQs

The NISM-Series-VII: Securities Operations and Risk Management Certification Examination can be taken by the following individuals:

• Associated persons of a registered stock-broker, trading member, or clearing member in recognized stock exchanges who are involved in managing assets or funds of investors or clients, addressing investor grievances, internal control or risk management, and activities related to operational risk.
• Interested students and professionals.
• Any other individuals interested in gaining certification in this field.

This examination is mandated for associated persons of a registered stock-broker, trading member, or clearing member in recognized stock exchanges who are involved in activities such as managing assets or funds of investors or clients, addressing investor grievances, internal control or risk management, and activities related to operational risk. For detailed information, refer to the NISM communiqué NISM/Certification/Series-VII: SORM/2010/01 dated November 11, 2010, available in the 'Circulars' section on the NISM website.

To take the NISM SORM mock test and access sample questions for the NISM Securities Operations and Risk Management Certification Examination, click here. The mock test provides a realistic simulation of the actual exam, helping you to prepare effectively.

The mock test consists of 100 multiple-choice questions.

Candidates are given 120 minutes to complete the mock test.

Yes, there is a 25% negative marking for each incorrect answer in the mock test, similar to the actual exam.

Yes, the mock test is entirely free of charge.

Absolutely! You can retake the test as many times as you need to assess your progress.

To register for the actual exam, visit the NISM Official Website.

While passing the mock test is a positive sign, it's crucial to continue studying and utilizing other resources to ensure success in the actual NISM Series 7 SORM exam.

The NISM website and various online platforms offer study materials and resources to help you prepare effectively.

Take the Next Step Towards Your Career Goals

Don't miss out on this opportunity to test your knowledge and enhance your preparation for the NISM Series 7 SORM exam. Take our free mock test today and embark on a rewarding career path in the securities industry.