NISM VI - FAQs
Q. Why NISM Series VI: Depository Operations Certification Examination?
Ans. The examination aims to enhance the quality of service imparted by a Depository Participant.
Q. Who is required to undergo the Depository Operations examination?
Ans. The Depository Operations certification examination undertaken by NISM is a mandatory certification for anyone who is engaged or employed by a Depository Participant. Their activities can include client interaction & dealing with clients, dealing with securities of clients, handling investor grievances and related risk management activities. The associated persons who are maintaining books and records pertaining to the above activities would also require the concerned certifications.
Q. What are the benefits of the examination?
Ans. The examination imparts detail knowledge about the Indian securities markets and the prevalent depository system. Apart from imparting a common minimum knowledge for professionals associated with the depository system, it also helps in securing jobs with Depository Participants and with organisations in the securities market that have dealings with the Depository Participants.
Q. What are the components of the exam syllabus?
Ans. This exam tests the knowledge and skills of the candidates on various aspects related to depository operations.
The examination will include:
Knowledge about the Indian Securities Markets and the depository system.
Develop an understanding of the institutional structure of the depository system in India.
Learn about the regulatory framework in which the depositories and the depository participants operate.
Know the various functions of the depositories and the depository participant.
Understand different procedural aspects related to opening of a Demat account.
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. They provide a workbook which is an important resource to prepare for the examination.
Q. How can I get access to additional study material for NISM – Series VI: Depository Operations 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 VI: Depository Operations Certification Examination.
Q. How does the Question bank of Cubelearn.com help in preparation for NISM – Series VI: Depository Operations Certification Examination?
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 450+ 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 VI: Depository Operations Certification Examination?
Ans. The topics are:
Introduction to Securities Market & Depository
Depository and its business partners
Exchange Traded Currency Futures
Functions of DP
Investor Services
Q. What is the validity of Question Bank offered by Cubelearn.com?
Ans. You can purchase the Question bank from Cubelearn.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 VI: Depository Operations Certification Examination??
Ans. The NISM – Series VI: Depository Operations 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 VI: Depository Operations 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 VI: Depository Operations Certification Examination??
Ans. Please visit the following link to check the recommended weightage of the exam https://cubelearn.com/nism-series-vi-depository-operations-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 VI: Depository Operations Certification Examination? from Cubelearn.com?
Ans. After purchasing the questions bank from Cubelearn.com you will get access to:
Approximately 480 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:
https://cubelearn.com/courses/nism-series-vi-depository-operations-sample-test/
Q. How do I clear my NISM Depository Operations 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 Examination
Ans. Use the following link:
https://certifications.nism.ac.in/nismaol/
Exam Preparation options..
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