Securities Operations and Risk Management
Mandatory for broker back-office and risk staff. Note the unusual combination — only 50% to pass, but 25% negative marking still applies.
Exam pattern
- Duration
- 120 min
- Total marks
- 100
- Pass mark
- 50% (50)
- Negative marking
- 25%
There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.
Syllabus and chapter weightage
Weightages are taken from the official syllabus table published in the NISM workbook, so you can see exactly where the marks are.
- 1Introduction to Securities Market5%
- 2Market Participants in the Securities Market10%
- 3Introduction to Securities Broking Operations20%
- 4Risk Management15%
- 5Clearing Process15%
- 6Settlement Process15%
- 7Investor Grievances and Arbitration10%
- 8Other Services Provided by Brokers10%
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Create a free accountFrequently asked questions
- What is the passing mark for NISM Series VII?
- You need 50% to pass NISM-Series-VII: Securities Operations and Risk Management. On a 100-mark paper that is 50 marks.
- Is there negative marking in NISM Series VII?
- There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.
- How long is the NISM Series VII exam?
- The exam runs for 120 minutes and carries 100 marks in total.
- How long is the NISM Series VII certificate valid?
- NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.