How long is the NISM Series XXIV exam?

The exam runs for 60 minutes and carries 50 marks in total.

How long is the NISM Series XXIV 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.

NISM Series XXIV

AML and CFT Provisions in Securities Markets

A focused one-hour paper on anti-money-laundering rules — KYC, suspicious transaction reporting and record keeping.

Exam pattern

Duration: 60 min
Total marks: 50
Pass mark: 50% (25)
Negative marking: None

There is no negative marking, so never leave a question blank — an uncertain guess costs you nothing.

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.

1Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)12%
2Prevention of Money Laundering Act, 2002 (PMLA) The Prevention of Money-laundering (Maintenance16%
3816%
4Scheduled Offences Anti-Money Laundering (AML), Combating the6%
5Financing of Terrorism (CFT) and Proliferation Financing (PF) Guidelines SEBI Guidelines for Anti Money Laundering (AML)10%
6Standards, Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)14%
7SEBI guidelines for KYC norms in Securities Market16%
8Discussion on PMLA related Cases10%

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Frequently asked questions

What is the passing mark for NISM Series XXIV?: You need 50% to pass NISM-Series-XXIV: AML and CFT Provisions in Securities Markets. On a 50-mark paper that is 25 marks.
Is there negative marking in NISM Series XXIV?: There is no negative marking, so never leave a question blank — an uncertain guess costs you nothing.
How long is the NISM Series XXIV exam?: The exam runs for 60 minutes and carries 50 marks in total.
How long is the NISM Series XXIV 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.