Retirement Adviser
Mandated by PFRDA rather than SEBI. For advisers on the National Pension System and retirement planning.
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.
- 1Fundamental Concepts in Retirement Planning5%
- 2Financial Markets & Investment Products10%
- 3Retirement Planning Process15%
- 4Retirement Planning Products: National Pension System20%
- 5Evaluating Fund Performance & Fund Selection10%
- 6Retirement Planning Products: Other Investment Products8%
- 7Retirement Planning Strategies12%
- 8Special Considerations in Retirement10%
- 9Regulations & Regulators10%
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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 XVII?
- You need 60% to pass NISM-Series-XVII: Retirement Adviser. On a 100-mark paper that is 60 marks.
- Is there negative marking in NISM Series XVII?
- 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 XVII exam?
- The exam runs for 120 minutes and carries 100 marks in total.
- How long is the NISM Series XVII 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.