Built for NISM aspirants

Crack the NISM exam.
50 mock tests per certification.

Chapter-wise short guides and 50 sets of 25 probable questions each, modelled after the actual NISM Series I, IV, VIII & XIII certification exams. Practise like the real paper — pass on the first attempt.

5,000+ probable questions
Instant detailed explanations
Chapter-wise short guide
Sample question preview
On the NSE currency derivatives segment, USDINR futures contracts are:
  • A. Physically settled in US dollars
  • B. Cash settled in INR at RBI reference rate
  • C. Cash settled in USD
  • D. Settled through CCIL only
Answer B — USDINR futures are cash-settled in INR at the RBI reference rate.
Certifications covered

Four NISM exams. One platform.

NISM-VIII

Equity Derivatives

Comprehensive certification on equity derivatives (index & stock futures and options) traded on Indian exchanges.

Chapters
12
Mock sets
50
Pass
60%
Start preparing
NISM-XIII

Common Derivatives

Consolidated certification covering equity, currency, interest-rate and commodity derivatives — a single exam for cross-segment dealers.

Chapters
13
Mock sets
50
Pass
60%
Start preparing
NISM-I

Currency Derivatives

Certification for professionals dealing in currency derivatives in Indian exchanges (INR/USD, EUR, GBP, JPY pairs).

Chapters
10
Mock sets
50
Pass
60%
Start preparing
NISM-IV

Interest Rate Derivatives

For professionals in exchange-traded interest rate derivatives on Indian government securities.

Chapters
9
Mock sets
50
Pass
60%
Start preparing
Why sifmocktest

Built the way NISM sets its papers — professional, updated, and rigorous.

Authentic syllabus

Mapped chapter-by-chapter to the official NISM workbook and public source material from nism.ac.in.

Timed exam simulator

Full-screen distraction-free interface with question palette and countdown timer, just like the real exam.

Detailed explanations

Every answer is explained with a citation of the concept so weak areas become strong.

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