Introduction
Online Practice Test for NISM Currency Derivatives Certification
The NISM Series I: Currency Derivatives Certification Exam is a highly sought after certification in the Indian financial markets, particularly for traders, brokers and finance professionals dealing in foreign exchange and derivatives.
This module, which is required by SEBI, will provide you with a complete understanding of the structure, trading, clearing and settlement of currency derivatives traded on exchanges in India. The Online NIFM Mock Test for Currency Derivatives prepares candidates to take the official NISM exam with confidence through realistic, exam-like practice papers and a full question bank.
Important Note
This mock test is only for exam preparation.
Online NIFM does not conduct the official NISM exam and does not issue NISM certificates.
The certification is provided only by the National Institute of Securities Markets (NISM) after you clear the official examination at authorized centers.
Key Topics Covered
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Introduction to Currency Markets and Forex Fundamentals
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Exchange-Traded Currency Futures & Options
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Hedging, Speculation, and Arbitrage Strategies
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Trading, Clearing, and Settlement Mechanisms
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Risk Management Framework in Currency Derivatives
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Regulatory Guidelines by SEBI and RBI
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Code of Conduct and Investor Protection
Why Choose NIFM Mock Test?
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950+ Questions covering every topic from the NISM Series I syllabus.
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Designed by industry experts .
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Exact replica of the official NISM exam pattern for real practice.
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Affordable pricing and flexible online access.
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Perfect for first-time candidates aiming for high success rates.
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Detailed progress reports to track improvement.
Frequently Asked Questions (FAQs)
Q1. What is the NISM Series I: Currency Derivatives Certification Exam?
It’s a SEBI-mandated certification that validates your understanding of trading, risk management, and regulations in the currency derivatives market.
Q2. How many questions are there in the exam?
The exam consists of 100 multiple-choice questions, each carrying 1 mark.
Q3. What is the passing score and time duration?
You must score at least 60% (60 marks) in 120 minutes to pass.
Q4. Is there negative marking in this exam?
Yes, 25% of the marks for each wrong answer are deducted.
Q5. Does NIFM issue the certification?
No. NIFM only provides mock tests and study materials for preparation. The certification is issued by NISM.
Q6. Who should take this mock test?
Anyone preparing for the NISM Currency Derivatives exam, including traders, brokers, students, and finance professionals.
What you will get?
Book: NO
Mock test: Yes (online mock test with approx 500 question answers)
Certification: For preparation for NISM exam
NISM Assesment Structure:
Duration: 120 minutes
No. of questions: 100
Total Marks: 100
Marks per question: 1
Passing score: 60%
Negative Marking: Yes (25%)
Certificate validity: 3 years
About Course
This course helps you understand every aspect of currency derivatives — from futures and options to forward contracts, arbitrage opportunities, and risk hedging strategies. You’ll also learn how the RBI and SEBI regulate currency markets, and how exchanges handle clearing and settlement.
Practicing through this mock test and question bank ensures that you are fully prepared for the actual NISM exam, improving both your conceptual clarity and exam speed.
By completing this mock test series, you’ll not only gain confidence to clear the NISM certification but also acquire the skills required to work efficiently in broking houses, trading desks, investment firms, and treasury departments
Course Requirements
Computer, Laptop, ipad, tab or mobile phone required with broadband or 4G internet.
Who is this Course for?
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Traders
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Dealers
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Broking House Employees
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Treasury Professionals
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Financial Analysts
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Students of Finance
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Working Professionals in Financial Markets
Course Outline
Chapter 1 : Mock Test NISM Series 1 Currency Derivative
Rs.399* Rs.1000
60% OFFThis Course includes
1 Section
E-Books in pdf(Only in Courses)
Mock Test for Practice
Final Certification Test
Certification from NIFM
Contact for Corporate Training
Enterprise training for Team
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