NISM Series XXV-A 2026: Exam Guide, SEBI Rules & Free Mock Test
Video
Which of the following is the first step in the personal financial planning process?
Personal Financial Planning
Question · Easy
Who SEBI requires to pass NISM Series XXV-A, the official 50-question format, the Annexure I weightage table, how it differs from XXV-B, and a free mock-test study plan.
Blog
What makes a financial plan sound?
1. Personal Financial Planning & Markets
Flashcard
Under the SMART framework for setting financial goals, what does the letter 'R' stand for?
Statutory regulator set up in 1992 to protect investors and develop and regulate the country's capital market.
Financial markets
Guess the Term
Introduction & Exam Overview
0.1 Current Exam Facts & Regulatory Context
Study guide
Cheat sheet
Which of the following describes a surplus budget for an individual client?
Read the clue and guess the term in 6 tries.
Game
Six-step financial planning process
What is the primary purpose of maintaining an emergency fund?
Plan of expected income and spending, drawn up as the first step of personal financial planning, so that reasonable savings remain after all expenses.
Financial planning
Which of the following is typically classified as a short-term financial goal?
Risk tolerance vs risk capacity
Which of the following is a non-discretionary expense for a typical household?
Setting aside the part of income left after expenses, usually kept liquid in a bank account for short-term needs, as distinct from investing it to grow.
Investment basics
0.2 Study Strategy & How to Use This Guide
Which financial instrument represents ownership interest in a company?
Securities Markets And Investments
Swap tiles to line up three of the same term.
Term Match
What can change a client's risk profile?
Which of the following represents the risk-free rate of return benchmark in India?
Mutual fund facility for putting a fixed sum of fresh money into a scheme at regular intervals, often by auto-debit from a bank account rather than by moving it from another scheme.
What represents the maturity period of a typical Treasury Bill (T-Bill) in India?
Core function of a financial market
Which of the following derivative contracts represents a standardized agreement traded on an exchange to buy or sell an asset at a pre-determined price on a future date?
Asset class of ownership in companies, held through shares; unlike debt it promises no fixed return, though holders may receive dividends.
Market instruments
Personal Financial Planning — Foundations
1.1 Introduction to Personal Financial Planning
What is the term used to describe the risk that cannot be diversified away by adding more securities to a portfolio?
Flip two cards at a time to find matching terms.
Term Pairs
Why do regulators and investor-protection mechanisms matter?
Which regulator primarily regulates the government securities market and money market in India?
Debt instrument that pays periodic interest and returns the principal at maturity.
What is the primary characteristic of a cumulative preference share?
Saving vs investing
2. Securities Markets & Investment Basics
If the nominal rate of interest is 8% and the rate of inflation is 5%, what is the approximate real rate of interest?
To use an offsetting position, often through a derivative, to reduce the risk of adverse price moves in a holding.
1.2 The Financial Planning Process
Which mutual fund scheme type allows investors to buy and sell units on any business day directly with the fund house?
Financial Products
Find five hidden terms in a grid of letters.
Term Search
Primary market vs secondary market
What is the Net Asset Value (NAV) of a mutual fund scheme?
Kind of fund open to any investor that pools money and has a professional manager choose a mix of securities.
Financial products
What is the minimum investment amount required for an investor to open a Portfolio Management Services (PMS) account in India?
Risk-return relationship
Loading more…
