NISM Series I: Currency Derivatives Exam Guide - Eligibility & More
23rd Mar 2024
Myonlineprep
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Understanding the NISM Series I: Currency Derivatives Certification Exam
The NISM Series I: Currency Derivatives Certification Examination is a key stepping stone for professionals aiming to excel in the currency derivatives segment. This examination ensures that individuals possess a minimum standard of knowledge necessary to operate effectively in currency markets, particularly in relation to exchange-traded currency derivatives products.
Why Take the NISM-Series-I: CD Exam?
By passing the NISM Series I: Currency Derivatives Certification Examination, candidates demonstrate their understanding of the basics of currency markets, exchange-traded currency derivatives markets, and the regulatory frameworks that govern these markets in India. This knowledge is crucial for providing high-quality investor services, improving operational process efficiency, and enhancing risk controls.
NISM Series I: Currency Derivatives Certification Exam: Examination Objectives
The main goals of the NISM-Series-I: CD Examination include:
- Grasping the fundamentals of currency markets and exchange-traded currency derivatives.
- Comprehending trading, clearing, and settlement mechanisms for these derivatives.
- Understanding the regulatory environment of exchange-traded currency derivatives in India.
NISM Series I: Currency Derivatives Certification Exam: How to Register
Registration for the NISM Series I: Currency Derivatives Certification Examination is straightforward. Prospective candidates should visit the official NISM website at www.nism.ac.in to find detailed instructions and register for the examination.
NISM Series I: Currency Derivatives Certification Exam: Syllabus Overview
The examination covers a comprehensive syllabus that includes:
- Introduction to Currency Markets
- Foreign Exchange Derivatives
- Exchange Traded Currency Futures and Options
- Strategies Using Exchange Traded Currency Derivatives
- Trading Mechanism in Exchange Traded Currency Derivatives
- Clearing, Settlement, and Risk Management
- Regulatory Framework for Exchange Traded Currency Derivatives
- Accounting and Taxation
- Code of Conduct and Investor Protection Measures
NISM Series I: Currency Derivatives Certification Exam Pattern and Marks
The NISM-Series-I: CD Examination consists of 100 multiple-choice questions, each worth 1 mark, summing up to a total of 100 marks. Candidates have 2 hours to complete the exam. There is a negative marking policy, with 25% of the marks deducted for each incorrect answer. To pass, candidates must score at least 60%.
NISM Series I: Currency Derivatives Certification Exam Pattern and MarksMock Test
Before taking the actual exam, candidates are encouraged to attempt mock tests available on the Myonlineprep website. These mock tests simulate the examination environment and help candidates familiarize themselves with the type of questions asked.
Download NISM Series I: Currency Derivatives Certification Exam Study Material
For those looking to delve deeper into the subjects covered by the NISM Series I: Currency Derivatives Certification Examination, detailed study materials can be downloaded by clicking here. This material provides in-depth insights into all the chapters included in the syllabus, aiding candidates in their preparation.
23rd Mar 2024
Myonlineprep
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