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NISM XV · Research Analyst
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Research Analyst

Certification Examination (revised, Jan 2026)

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100
Marks · 80 MCQ + 5 case-based sets
60%
Passing score
120 min
Duration
0.25
Negative mark per wrong answer
Study smart, verify official. Notes and questions here are original practice material built to the XV syllabus. The NISM Research Analyst workbook (revised exam effective 20 Jan 2026) is the single source of truth — 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 XV exam page, syllabus outline and workbook.

SEBI — Research Analysts

SEBI (Research Analysts) Regulations, 2014 and the 2025 amendments.

SEBI PIT & PFUTP Regulations

Insider trading (2015) and fraudulent/unfair practices (2003) rules.

Disclaimer. Independent study aid, not affiliated with NISM or SEBI. Exam pattern (80 MCQ + 5 case-based sets, 100 marks, 120 min, 60% pass, −0.25) reflects the revised structure effective 20 January 2026; confirm current details on the NISM website.
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