NISM Professor
NISM Series XVI

Commodity Derivatives

For dealers in commodity futures — gold, crude, agricultural produce — including delivery, warehousing and physical settlement.

Exam pattern

Duration
120 min
Total marks
100
Pass mark
60% (60)
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.

  1. 1Introduction to Commodity Markets10%
  2. 2Commodity Indices5%
  3. 3Commodity Futures15%
  4. 4Commodity Options15%
  5. 5Uses of Commodity Derivatives15%
  6. 6Trading Mechanism10%
  7. 7Clearing, Settlement and Risk Management15%
  8. 8Legal and Regulatory Environment5%
  9. 9Accounting and Taxation5%
  10. 10Codes of Conduct and Investor Protection Measures5%

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Frequently asked questions

What is the passing mark for NISM Series XVI?
You need 60% to pass NISM-Series-XVI: Commodity Derivatives. On a 100-mark paper that is 60 marks.
Is there negative marking in NISM Series XVI?
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 XVI exam?
The exam runs for 120 minutes and carries 100 marks in total.
How long is the NISM Series XVI 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.