NISM Series XV Research Analyst MCQs (2026)

NISM Series XV Research Analyst MCQs



Preparing for the NISM Series XV Research Analyst Certification Examination? You're in the right place.

This page contains NISM Series XV Research Analyst MCQs with answers, designed according to the latest workbook and exam syllabus. These important multiple-choice questions help you revise concepts quickly, improve accuracy, and boost your confidence before the exam.

Whether you're appearing for your first attempt or revising before the examination, these free practice questions will help strengthen your preparation. The workbook covers topics including the research analyst profession, securities markets, equity and debt markets, fundamental research, economic and industry analysis, company analysis, valuation principles, risk and return, research reports, and the legal and regulatory environment.

NISM Series XV Syllabus

The certification examination consists of the following chapters:

ChapterLink
Chapter 1: Introduction to Research Analyst ProfessionMCQs
Chapter 2: Introduction to Securities MarketMCQs
Chapter 3: Terminology in Equity and Debt MarketsComing Soon
Chapter 4: Fundamentals of ResearchComing Soon
Chapter 5: Economic AnalysisComing Soon
Chapter 6: Industry AnalysisComing Soon
Chapter 7: Company Analysis – Qualitative DimensionsComing Soon
Chapter 8: Company Analysis – Quantitative DimensionsComing Soon
Chapter 9: Corporate ActionsComing Soon
Chapter 10: Valuation PrinciplesComing Soon
Chapter 11: Fundamentals of Risk and ReturnComing Soon
Chapter 12: Qualities of a Good Research ReportComing Soon
Chapter 13: Legal and Regulatory EnvironmentComing Soon

About the NISM Series XV Exam

The NISM Series XV Research Analyst Certification Examination is conducted by the National Institute of Securities Markets (NISM). It is intended for research analysts and associated persons involved in preparing or publishing research reports under the SEBI (Research Analysts) Regulations, 2014.

The examination consists of:

  • 100 Multiple Choice Questions (MCQs)

  • 100 Marks

  • 2 Hours Duration

  • 60% Passing Marks

  • 25% Negative Marking

Why Practice NISM XV MCQs?

Practicing MCQs regularly helps you:

  • Understand important exam concepts

  • Improve speed and accuracy

  • Identify weak areas

  • Revise the complete syllabus efficiently

  • Build confidence before the exam

  • Increase your chances of passing on the first attempt

Frequently Asked Questions (FAQs)

Is NISM Series XV difficult?

The exam is generally considered to be of moderate difficulty. A clear understanding of the workbook concepts along with regular MCQ practice can significantly improve your performance.

How many questions are asked in NISM Series XV?

The examination contains 100 multiple-choice questions.

What are the passing marks?

You need to score 60 out of 100 marks to pass the examination.

Is there negative marking?

Yes. 25% of the marks assigned to a question are deducted for every incorrect answer.

Are these MCQs enough for preparation?

These MCQs are excellent for revision and self-assessment. For complete preparation, you should also study the official NISM Series XV workbook.

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