Common Derivatives
A single combined paper covering currency, interest rate, equity and commodity derivatives — clears all four segments at once.
Exam pattern
- Duration
- 180 min
- Total marks
- 150
- Pass mark
- 60% (90)
- 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.
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Every chapter explained in plain English, then tested at three levels, with mock exams that use this paper’s real marking rules.
Create a free accountFrequently asked questions
- What is the passing mark for NISM Series XIII?
- You need 60% to pass NISM-Series-XIII: Common Derivatives. On a 150-mark paper that is 90 marks.
- Is there negative marking in NISM Series XIII?
- 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 XIII exam?
- The exam runs for 180 minutes and carries 150 marks in total.
- How long is the NISM Series XIII 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.