NISM Series XXV-B Mock Test: Persons Associated with Investment Advice (Sales and Other Non-Core Services)
Up to 30 full-length mock tests of 100 questions each, built on the official syllabus, with an explanation for every answer.
About the NISM Series XXV-B exam
NISM Series XXV-B is for people in sales and non-core roles at investment advisers — personal financial planning, markets and asset classes, financial products, sales skills, professionalism, ethics and compliance.
Who should take it: Sales, client-servicing and other non-core staff associated with SEBI-registered investment advisers.
NISM Series XXV-B exam pattern
| Questions | 100 multiple-choice questions |
|---|---|
| Total marks | 100 |
| Duration | 120 minutes |
| Passing score | 60% |
| Negative marking | −0.25 mark per wrong answer |
Indicative pattern. Exam bodies revise patterns — confirm the details in the latest official notification before your exam.
Syllabus covered in our NISM Series XXV-B question bank
Our 50-question bank for NISM Series XXV-B covers every chapter below. Mock tests mix questions across all of them in the same proportion as the real paper.
- Personal Financial Planning & Financial Markets8 practice questions
- Securities Markets & Basics of Investment9 practice questions
- Financial Asset Classes9 practice questions
- Financial Products10 practice questions
- Sales Skills8 practice questions
- Professionalism, Ethics & Compliance6 practice questions
Free NISM Series XXV-B sample questions
Try five questions from our bank. Each mock test gives you 100 like these, with your score, chapter-wise analysis and explanations at the end.
Which is usually the first step in the personal financial planning process?
- Establishing the client relationship and gathering information about goals and finances
- Selecting specific mutual fund schemes
- Executing investment transactions
- Rebalancing the portfolio
Show answer & explanation
Answer: A. Establishing the client relationship and gathering information about goals and finances
Planning starts with understanding the client and their goals; product selection and implementation come later.
Using the Rule of 72, approximately how many years will it take for money to double at 9% per annum?
- 6 years
- 8 years
- 9 years
- 12 years
Show answer & explanation
Answer: B. 8 years
Years to double ≈ 72 ÷ rate = 72 ÷ 9 = 8 years.
Equity shareholders of a company are:
- Owners who share in profits and bear residual risk
- Lenders who receive fixed interest
- Guaranteed a fixed dividend
- Paid before creditors on liquidation
Show answer & explanation
Answer: A. Owners who share in profits and bear residual risk
Equity holders own the company, receive residual profits and are last in line on liquidation.
In India, a mutual fund is constituted as a:
- Private limited company owned by investors
- Trust, with an asset management company managing its schemes
- Partnership firm
- Department of SEBI
Show answer & explanation
Answer: B. Trust, with an asset management company managing its schemes
Mutual funds are set up as trusts; the AMC manages the schemes under trustee oversight and SEBI regulation.
In an RIA setup, how does advisory-led sales differ from product selling?
- It starts from the client's needs and goals, and recommends solutions only if suitable
- It aims to sell the product with the highest commission
- It pushes the same product to every client
- It avoids risk profiling to save time
Show answer & explanation
Answer: A. It starts from the client's needs and goals, and recommends solutions only if suitable
Advisory-based sales is client-centric and suitability-driven, in line with the IA Regulations.
NISM Series XXV-B mock test plans
Every plan unlocks one full-length mock test per day of the plan. Prices include GST.
| Plan | Mock tests | Questions | Price |
|---|---|---|---|
| 10 Days | 10 mock tests | 1,000 questions | ₹199 incl. GST |
| 15 Days | 15 mock tests | 1,500 questions | ₹279 incl. GST |
| 20 Days Popular | 20 mock tests | 2,000 questions | ₹349 incl. GST |
| 30 Days Best value | 30 mock tests | 3,000 questions | ₹449 incl. GST |
Official study material
Links open the official website. We do not host or alter official material.
NISM Series XXV-B mock test FAQs
How many questions are there in the NISM Series XXV-B exam?
The NISM Series XXV-B paper has 100 multiple-choice questions for 100 marks, to be completed in 120 minutes. This is the indicative pattern — always confirm it in the latest official notification.
Is there negative marking in NISM Series XXV-B?
Yes. −0.25 mark per wrong answer (25% of the marks for that question). Our mock tests apply the same rule.
What is the pass mark for NISM Series XXV-B?
You need 60% to pass. Our mock tests show pass or fail against the same mark.
How many NISM Series XXV-B mock tests do I get?
One full-length mock test is unlocked for each day of your plan: 10, 15, 20 or 30 mock tests on the 10 Days, 15 Days, 20 Days or 30 Days plans. You can retake any unlocked test while your plan is active.
Are these the actual exam questions?
No. Every question is an original practice question written to match the official syllabus and the exam's style. Reproducing real exam questions is not permitted, and we do not do it.
Where can I get the official NISM Series XXV-B study material?
NISM provides the latest workbook free of cost on its official portal after a short registration. The link is in the Official study material section on this page.