NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund)
NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund)
NISM Series III A: Securities Intermediaries Compliance (Non-Fund)
The examination seeks to create a common minimum knowledge benchmark for all persons engaged in compliance function with any intermediary registered as Stock Brokers, Sub-brokers, Depository Participants, Merchant Bankers, Underwriters, Bankers to the Issue, Debenture Trustees and Credit Rating Agencies.
Target Audience
The following persons can take NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination:
1. The associated persons functioning as compliance officers of intermediaries registered with the SEBI as stock brokers, or depository participants, or merchant bankers, or underwriters, or bankers to the issue, or debenture trustees or credit rating agencies
2. Interested students/professionals
3. Any other individuals
Prerequisite for the exam
There are no prerequisites required for NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam.
Examination Objectives:
On successful completion of the examination the candidate should:
• Understand the structure of financial and securities markets in India; financial intermediaries and the types of products available in the Indian market.
• Understand the regulatory framework and the role of the various regulators in the financial system.
• Understand the Importance of Compliance function and the scope and role of the compliance officer in the Indian securities market.
• Understand the various regulations and rules of the Indian securities market as related to the defined group of intermediaries.
• Understand the importance of compliance of the rules and regulations and the penal actions initiated in case of any default or failure.
Exam Format and Information
Exam Name NISM Series III A: Securities Intermediaries Compliance (Non-Fund) | Exam Code 0 |
| Exam Duration 120 mins | Exam Format Multiple Choice |
| Exam Type 0 | Number of Questions 100 Questions |
| Validity 3 Years | Exam Fee Rs 1500 |
| Exam Language English | Pass Score 60% and above |
NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) FAQs
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
How the exam scores are calculated?
After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for the NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam which can be used before the final purchase for complete test.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam cost.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
Do TestprepTraining provide practice set questions for NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam?
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
What variety of questions appears in the exam?
There will only be multiple-choice and multi-response questions covered in the exam.
What is NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam?
The examination seeks to create a common minimum knowledge benchmark for all persons engaged in compliance function with any intermediary registered as Stock Brokers, Sub-brokers, Depository Participants, Merchant Bankers, Underwriters, Bankers to the Issue, Debenture Trustees and Credit Rating Agencies.
What number of questions will there be in the exam?
There will be 100 questions in the exam.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Securities Intermediaries Compliance (Non-Fund) or successfully pass the NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) before the expiry of such certificate.
Examination Objectives:
On successful completion of the examination the candidate should:
• Understand the structure of financial and securities markets in India; financial intermediaries and the types of products available in the Indian market.
• Understand the regulatory framework and the role of the various regulators in the financial system.
• Understand the Importance of Compliance function and the scope and role of the compliance officer in the Indian securities market.
• Understand the various regulations and rules of the Indian securities market as related to the defined group of intermediaries.
• Understand the importance of compliance of the rules and regulations and the penal actions initiated in case of any default or failure.
What is the fee structure of the exam?
The fees for NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).
What is the assessment structure?
The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 60%. There shall be negative marking of 25% of the marks assigned to a question.
How many questions will be there in the exam?
There will be 100 questions which have to be completed in 120 minutes.
What is the passing score of the exam?
The candidate has to secure 60% in order to pass the exam.
Who are the intended audience for the exam?
The following persons can take NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination:
1. The associated persons functioning as compliance officers of intermediaries registered with the SEBI as stock brokers, or depository participants, or merchant bankers, or underwriters, or bankers to the issue, or debenture trustees or credit rating agencies
2. Interested students/professionals
3. Any other individuals
Is there any prerequisite for the exam?
There are no prerequisites required for NISM Series III A: Securities Intermediaries Compliance (Non-Fund) Exam.