Free practice set
NISM XV practice questions with answers
This is a free set of 20 original practice questions on topics that overlap with NISM Series XV: Research Analyst. It is the certification needed by people who work as research analysts or want to register as one with SEBI.
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
- Basics of equity investing
From the course
Risk Management & Trading Psychology
- Behavioural biases in investing
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
After a 50% loss, what gain do you need to recover?
Question 8
Risk ₹2,000, entry ₹250, stop ₹240. Quantity?
Question 9
Win 50%, avg win ₹2,000, avg loss ₹1,000. Expectancy?
Question 10
Holding a losing stock because 'it will come back' is often…
Question 11
Risk ₹2,000, profit ₹5,000. What is the result in R?
Question 12
In which market does a company receive the money from selling its shares?
Question 13
If you buy shares on Monday, when do they settle under T+1?
Question 14
What does a P/E of 15 mean?
Question 15
Best bid ₹99.50 and best ask ₹100.00. The spread is…
Question 16
A debt-to-equity ratio below 1 suggests…
Question 17
Why are tips from groups dangerous?
Question 18
With a ₹5 lakh account and the 1% rule, the max loss per trade is…
Question 19
Where should a long trade's stop usually go?
Question 20
What is drawdown?