On successful completion of the examination the candidate should: • Know the basics of the Indian equity market • Understand the characteristics of equity, associated risks and returns and taxation aspects • Understand the clearing, settlement and risk management as well as the operational mechanism related to equity market. • Know the regulatory environment in which the equity market operates in India.

Yes, Testprep Training 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.

NISM-Series-XI: Equity Sales Certification Examination w.e.f December 25, 2019 This examination is a voluntary examination. The examination seeks to create a common minimum knowledge benchmark for all persons involved in equity sales in order to enable a better understanding of equity markets, better quality investor service, operational process efficiency and risk controls. It seeks to ensure a basic understanding of the various aspects of the equity products, the process flow involved in trading, clearing and settlement of these products and the regulatory environment under which the market operates.

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 examination is for: • Persons employed with trading members of the equity segment of a recognized stock exchange in sales and client advisory functions • Persons seeking employment with trading members of the equity segment of a recognized stock exchange in sales and client advisory functions • Students interested in gaining in-depth knowledge of the Indian equity market • Any other person

There are no prerequisites required for NISM-Series-XI: Equity Sales Certification Exam.

There will be 100 questions which have to be completed in 120 minutes.

The candidate has to secure 50% in order to pass the exam.

The Examination will consist of 100 questions of 1 mark each adding to 100 marks. The examination should be completed in 2 hours. There shall be negative marking of 25% of the marks assigned to a question. The passing score for the examination will be 50 marks.

The fees for NISM-Series-XI: Equity Sales Certification Exam is Rupees One Thousand Seven Hundred Seventy only (Rs. 1770/-).

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 Testprep Training and not the NISM-Series-XI: Equity Sales Certification Exam cost.

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

There will be 100 questions in the exam.

To renew your current certificate, you need to appear for NISM CPE for Equity Sales or successfully pass the NISM-Series-XI: Equity Sales Certification Examination before the expiry of such certificate.

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

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

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

Yes testprep training offers free practice tests for the NISM-Series-XI: Equity Sales Certification Exam which can be used before the final purchase for complete test.

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