Clearing Settlement and Risk Management Module (Foundation) Exam
Clearing, settlement, and risk management are core functions performed by a Clearing Corporation to ensure smooth and secure market operations. This foundation-level program is designed for individuals interested in gaining a practical understanding of the operational procedures involved in clearing, settlement, collateral management, and risk management within NSE Clearing Limited (formerly known as National Securities Clearing Corporation Limited). The course provides essential insights into the structured protocols that support the stability and efficiency of post-trade market activities.
Who should take the exam?
The exam will benefit:
- Students
- Teachers
- Employees of Clearing Members
- Those having an interest in the Indian Securities Market.
Course Outline
The Exam covers the given topics -
- Section 1. Overview
- Section 2. Understand Liquid Asset
- Section 3. Learn about the Capital Market
- Section 4. Understand Securities Lending and Borrowing Scheme
- Section 5. Learn about the New Debt Segment
- Section 6. Understand the Equity Derivatives Segment
- Section 7. Currency Derivatives Segment
- Section 8. Overview of Services
Clearing Settlement and Risk Management Module (Foundation) Exam FAQs
What is the passing score for the exam?
The candidate has to score a minimum of 60% in order to pass the exam.
What is the benefit of NCFM Certification?
NCFM certification provides advantages and benefits to the individuals who want to pursue a career in finance. This will provide in depth knowledge in financial sectors and help you understand the concepts. This certification comes with different courses in the banking and finance which will provide abilities and skills. You learn about mutual funds and give you knowledge about the risk involved and provide you job security.
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
How the exam scores are calculated?
After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.
How to get my doubts resolved for the Clearing Settlement and Risk Management Module (Foundation) Exam?
Get all your doubts resolved with the Clearing Settlement and Risk Management Module (Foundation) Exam FAQ
What variety of questions appears in the exam?
There will only be multiple-choice and multi-response questions covered in the exam.
What are the number of question that will appear in the exam?
The exam consists of 75 questions which need to be completed ib a time duration of 60 minutes.
What is Clearing Settlement and Risk Management Module Exam?
Clearing, Settlement and Risk Management are vital functions of a Clearing Corporation. This is a Foundation Level Programme for those who wish to learn operational guidelines/procedures of Clearing, Settlement, Collateral Management and Risk Management in NSE Clearing Limited (formerly known as National Securities Clearing Corporation Limited).
Is there any prerequisite for the exam?
There are no prerequisites for Clearing Settlement and Risk Management Module Exam .
What is the enrolment process for the exam?
To undergo the FLIP-NCFM Clearing Settlement and Risk Management certification, it is mandatory to complete the e-learning (training) of Finitiatives Learning India Pvt. Ltd. Step 1 : Register with FLIP Already registered? Step 2 : Purchase the Clearing Settlement and Risk Management module Step 3 : After completing the training pay NCFM the certification fee, and book the test date.
What are the languages available for the exam?
The exam is available in English language only.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
Can we try the free test before purchasing the practice exam?
Yes Skilr offers free practice tests for the Clearing Settlement and Risk Management Module Exam which can be used before the final purchase for complete test.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the Skilr Helpdesk for more details. The member of support staff will respond as soon as possible.
How to prepare for the Clearing Settlement and Risk Management Module (Foundation) Exam?
The Clearing Settlement and Risk Management Module (Foundation) Online Tutorial focuses on core exam objectives with expert learning resources -
- NSE Academy
- Online NSE Community
- Online Training and Practice Test
Who will benefit from this course?
• Students • Teachers • Employees of Clearing Members • Anybody having interest in the Indian Securities Market
What is the difference between NCFM and NISM?
NCFM provide knowledge to professionals working in the financial industry by providing training certification for various industry fields to provide an advantage in getting a job. Whereas NISM is launched by SEBI is opted by those investors who have an interest in gaining knowledge in finance market. With SEBI it provides quality to financial market.
Do Skilr provide practice set questions for Clearing Settlement and Risk Management Module Exam?
Skilr provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.
Is there any negative marking in NCFM exam?
There is a negative marking for every wrong answer and 25% of the marks will be deducted.
Does Skilr offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the Clearing Settlement and Risk Management Module Exam cost.
Is there any assistance from Skilr in terms of exam preparation?
Yes, Skilr offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.