Free practice set
NCFM Beginner practice questions with answers
This is a free set of 20 original practice questions on topics that overlap with NCFM Financial Markets: A Beginner's Module. It is NSE Academy's entry-level module for people who are new to financial markets.
PaisaTrade is not affiliated with NISM, NSE Academy or SEBI. These are our own practice questions, not official exam questions, and they do not cover the full syllabus. Check the official website for the current syllabus, test pattern and fees.
Topic areas covered here
From the course
Stocks 101
- Primary and secondary markets
- Trading, clearing and settlement
- Market participants and indices
From the course
Mutual Funds & SIP
- Mutual funds as an investment route
From the course
IPO Investing Guide
- Primary market and public issues
- Book building and allotment
From the course
Tax Basics
- Tax on capital gains and dividends
From the course
Zero to Trader
- Order types and trading
- Clearing and settlement
From the course
Scam Shield: Tips, Finfluencers & Frauds
- Investor protection and SEBI's role
Practice questions
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Question 1
When you buy a share of a listed company, what do you own?
Question 2
Which account holds your shares?
Question 3
A share trades at ₹600 and its EPS is ₹30. What is the P/E?
Question 4
What sets the price you see on screen?
Question 5
What should you understand first about a company?
Question 6
After a 50% loss, what gain do you need to break even?
Question 7
What do you receive when you invest in a mutual fund?
Question 8
Which fund type can usually grow most over long periods but swing the most?
Question 9
A SIP invests…
Question 10
How long is the ELSS lock-in?
Question 11
What is the main difference between direct and regular plans?
Question 12
What does a SIP mandate do?
Question 13
In an offer for sale, who receives the money?
Question 14
Which section shows how IPO money will be used?
Question 15
What happens to your money with ASBA?
Question 16
Who regulates the grey market?
Question 17
How is a new listing's opening price set?
Question 18
Which combination is the strongest warning?
Question 19
Shares held 10 months are sold at a gain. What is the gain called?
Question 20
Dividends from shares are taxed…