Your prep portfolio
Investment Adviser (Level 1)
Certification Examination
150
Marks · 90 MCQ + 9 case-based sets
60%
Passing score (90/150)
180 min
Duration
25%
Negative marking per wrong answer
Study smart, verify official. Notes and questions here are original practice material built to the X-A syllabus. The NISM Investment Adviser (Level 1) workbook is the single source of truth — tax rates and thresholds change every Finance Act, so always cross-check on nism.ac.in.
Prep runway
21-Day Study Plan
A realistic order of attack. Tick tasks as you go — your progress ring fills up with them.
The workbook, distilled
Study Notes
Nine units covering the full XXI-A syllabus. Tap a unit to open it.
Active recall
Practice
Pick a topic. Options are shuffled each time; every miss is saved to your Error Book.
Applied practice
Case Studies
Your weak spots
Error Book
Questions you got wrong, saved for a second pass. Master them, then clear them.
Go to the source
Official Sources
Everything here should be checked against NISM's own material before your exam.
NISM Certifications portal
Official exam registration, dates and fees.
Curriculum & workbook
Official X-A exam page, module weightages and workbook.
SEBI — Investment Advisers
SEBI (Investment Advisers) Regulations, 2013 and circulars.
Income Tax Department
Current-year tax rates, capital-gains rules and thresholds.
Disclaimer. Independent study aid, not affiliated with NISM or SEBI. Exam pattern (90 MCQ + 9 case-based sets, 150 marks, 180 min, 60% pass, 25% negative marking) per NISM's official exam page; confirm current details before booking.
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