NISM XVI - FAQs


Q.
What are Commodity Derivatives?
Ans. Commodity derivatives are financial contracts that derive their value from the price of an underlying commodity, such as oil, gold, or wheat. They are used by producers, consumers, and investors to hedge against price fluctuations, speculate on future market movements, or gain exposure to different asset classes.


Q.
Who is required to undergo the Commodity Derivatives examination?
Ans. The Commodity Derivatives examination undertaken by NISM is a mandatory certification for anyone who is involved in trading, advising, or dealing with commodity derivatives in India.
This includes approved users and sales personnel of trading members who are registered in the commodity derivatives segment of a recognised stock exchange.


Q.
Who is required to undergo the Commodity Derivatives examination?
Ans. The Commodity Derivatives examination undertaken by NISM is a mandatory certification for anyone who is involved in trading, advising, or dealing with commodity derivatives in India.

This includes approved users and sales personnel of trading members who are registered in the commodity derivatives segment of a recognised stock exchange.


Q.
What are the components of the exam syllabus?
Ans. This exam tests the knowledge and skills of the candidates on various aspects of commodity derivatives, such as market structure, regulatory framework, trading strategies, risk management, and clearing and settlement.

The examination will include:

– Knowledge about the Indian Commodity Markets.
– Develop an understanding of commodity derivatives and their trading strategies.
– Learn how commodity derivatives markets operate, including how they clear and settle transactions, manage risks, and ensure smooth functioning.
– Understand the Indian regulatory environment.


Q.
Does NISM provide any trainings or preparation for the examination?
Ans. NISM does not provide any training, for preparation of examinations, directly or indirectly to participants who desire to appear for NISM examinations.


Q.
How can I get access to additional study material for NISM-Series-XVI: Commodity Derivatives Certification Examination?
Ans. Cubelearn.com offers a very comprehensive and detailed Question Bank + Chapter-wise study notes that can support candidates in preparation for NISM-Series-XVI: Commodity Derivatives Certification Examination.


Q.
How does the Question bank of Cubelearn.com help in preparation for NISM-Series-XVI: Commodity Derivatives Certification?
Ans. The student can use the questions bank for revisions and practice of the course material required for the examination.
Answers are provided with detailed explanations to understand concepts and numerical problems and revise them.
There are overall 400 questions with 2 mock-tests which replicate exam-like settings, and can help check the level of preparation.


Q.
What are the topics covered under NISM-Series-XVI: Commodity Derivatives Certification Examination??
Ans. The topics are:
Introduction to Commodity Markets
Commodity Indices
Commodity Futures
Commodity Options
Uses of Commodity Derivatives
Trading Mechanism
Clearing, Settlement and Risk Management
Legal and Regulatory Environment
Accounting and Taxation
Code of Conduct and Investor Protection Measures


Q.
What is the validity of Question Bank offered by Cubelearn.com?
Ans. You can purchase the Question bank from Cuberlearn.com with two validity options:

30 days validity
60 days validity

Hence giving you option to easily match your pace of preparation either with a short-term validity or with long term validity.


Q.
What is the Assessment Structure of NISM-Series-XVI: Commodity Derivatives Certification Examination?
Ans. The NISM-Series-XVI: Commodity Derivatives Certification Examination will be of 100 marks
consisting of 100 questions of 1 mark each.
The examination should be completed in 2 hours. The passing score for the examination is 60 marks
(i.e., 60%). There shall be negative marking of 25% of the marks assigned to the question for each
wrong answer.


Q.
What is the validity of the certification after passing NISM-Series-XVI: Commodity Derivatives Certification Examination?
Ans. The Certification Validity is 3 Years from the date of successful completion of the NISM exam (for further details refer NISM guidelines)


Q.
What is the weightage of the NISM-Series-XVI: Commodity Derivatives Certification Examination?
Ans. Please visit the following link to check the recommended weightage of the exam Link –  https://cubelearn.com/nism-xvi-commodity-derivatives-weightage/


Q.
If I purchase the Question Bank from Cubelearn.com, how will I get access to the study material?
Ans. Cubelearn offers a fully digital experience where you can access the study material online on Cubelearn.com by simply logging in to your account
Hence you can access your course material anytime as per your convenience and comfort


Q.
Does Cubelearn offer pdf or word document of the material?
Ans. No, we don’t offer pdf or word document of the material. We offer a fully online learning model.


Q.
Can I track my progress and check my answers while using the Question Bank from Cubelearn.com?
Ans. Yes. This is the advantage of an online course. Your answers will be auto-checked and you can track your progress.


Q.
How many questions are there are in the Question Bank for the NISM-Series-XVI: Commodity Derivatives Certification Examination from Cubelearn.com?
Ans. After purchasing the questions bank from Cubelearn.com you will get access to:

Approximately 400 questions, which includes
2 Mock Tests with 200 questions under real exam conditions


Q.
Can I access a sample of the Question Bank to understand the format better?
Ans. Yes, please create a login if not registered already and access the sample at the following link:
Link – https://cubelearn.com/courses/nism-series-xvi-commodity-derivatives-sample-test


Q.
How do I clear my NISM Commodity Derivatives Exam?
Ans. Following are some useful tips which can help you:-

Start preparation of the exam well in advance
Select Required Study Material
For scientific test and revision you enrol for the Question Bank from Cubelearn.com
Register online as per the NISM guidelines
Continue practice and revision till the exam date & maintain your focus for good performance in the exam


Q.
Where do I register on NISM site for the NISM-Series-XVI: Commodity Derivatives Certification Examinatio
Ans. Use the following link:

Link – https://certifications.nism.ac.in/nismaol/

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