NISM Series XV: Research Analyst — Practice Questions & Mock Tests
Everything you need to pass the NISM Series XV (Research Analyst) certification: 620 practice questions across 8 topics, a detailed explanation on every question, 271 memory hooks, and full-length real-feel timed mock exams. The pass mark is 60% — we help you get there.
Practice by topic
Valuation & Ratios
172 questions
DCF & intrinsic value · Relative valuation (P/E, P/B, EV/EBITDA)
Fundamental Analysis
129 questions
EIC framework · Reading financial statements
Research Report & Role
127 questions
Structure of a research report · Analyst responsibilities
Markets & Instruments
111 questions
Equity & debt instruments · Derivatives basics
SEBI / Regulations
65 questions
SEBI (Research Analysts) Regulations · Registration & eligibility
Corporate Actions
49 questions
Dividends & buybacks · Bonus issues & stock splits
Risk & Behaviour
47 questions
Systematic vs unsystematic risk · Risk measures (beta, SD)
Technical Analysis
35 questions
Chart types & trends · Support & resistance
About the NISM Series XV exam
The NISM Series XV: Research Analyst Certification Examination is mandated by SEBI for individuals working as research analysts. It tests knowledge of securities markets, fundamental and technical analysis, valuation, regulations and the role of a research analyst. The exam has 100 questions, a duration of 2 hours, and a passing score of 60% (with no negative marking for this paper). ScoreSetu's question bank mirrors this format so your preparation feels like the real thing.