NISM Series-X-B: Investment Adviser (Level 2) Exam

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NISM Series-X-B: Investment Adviser (Level 2) Exam

The NISM Series-X-B: Investment Adviser (Level 2) Certification, offered by the National Institute of Securities Markets (NISM), is designed to validate the advanced knowledge and skills necessary for providing professional investment advisory services. This certification reflects a deep understanding of financial products, investment strategies, applicable regulatory frameworks, and the ethical standards expected within the investment advisory domain.

Who Should Take This Exam?

  • Investment Advisers
  • Partners of Investment Advisers
  • Representatives of Investment Advisers

Course Outline

The exam covers the following topics:

  • Basics Of Insurance
  • Life Insurance Products
  • Non-life Insurance Products
  • Retirement Planning Basics
  • Retirement Products
  • Miscellaneous Aspects Of Retirement Planning
  • Concepts In Taxation
  • Capital Gains
  • Income From Other Sources
  • Taxation Of Debt Products
  • Taxation Of Equity Products
  • Taxation Of Other Products
  • Tax Provisions For Special Cases
  • Basics Of Estate Planning
  • Tools For Estate Planning
  • Basics Of Behavioural Finance
  • Behavioural Finance In Practice
  • Risk Profiling For Investors
  • Comparison Of Products Across Categories
  • Case Studies In Comprehensive Financial Advice

NISM Series-X-B: Investment Adviser (Level 2) Exam FAQs

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.

The examination consists of 8 caselets with 4 multiple choice questions of 2 marks each per caselet and 36 multiple choice questions of 1 mark each adding up to 100 marks. The examination should be completed in 2 hours. There is negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60 marks.

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 NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam cost.

To renew your current certificate, you need to appear for NISM CPE for Investment Adviser (Level 2) or successfully pass the NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination before the expiry of such certificate.

Yes our experts frequently blog about the tips and tricks for exam preparation.

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.

NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination."w.e.f May 30, 2019. NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination along with the NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination seeks to create a common minimum knowledge benchmark for all associated persons registered as an investment adviser and partners and representatives of investment advisers under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services. An associated person shall be required to pass both the levels (i.e. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination and NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination) tofulfill the requirements under Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013. The certification aims to enhance the quality of investment advisory and related services in the financial services industry.

Once purchased, the practice exams can be access for the lifetime.

Yes Skilr offers free practice tests for the NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam which can be used before the final purchase for complete test.

There will be 68 questions which have to be completed in 120 minutes.

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.

On successful completion of the examination the candidate should: • Know the comprehensive financial planning in the context of households to apply the planning elements learnt in Level 1 Certification Examination. • Understand the structure and performance of securities markets; importance of asset allocation and impact of the market movement on the assets performance. • Know the practical aspect of product selection, portfolio construction, review and rebalancing based on clients need. • Know the compliance, operations and service elements in investment advice.

The following persons can take NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination: 4. Investment Advisers and their associated persons, including their representatives and partners 5. Interested students/professionals 6. Any other Individual

The fees for NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).

There are no prerequisites required for NISM-Series-X-B: Investment Adviser (Level 2) Certification Exam.

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.

The candidate has to secure 60% in order to pass the exam.

There will only be multiple-choice and multi-response questions covered in the exam.

There will be 100 questions in the exam.

The certificate will be valid for 3 years from the date of the examination.