NISM Series XX: Taxation in Securities Markets Mock Test
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NISM Series XX: Taxation in Securities Markets s Mock Test and NISM XX Question Bank details
The examination seeks to create knowledge amongst market participants about the different taxation aspects in the Securities Markets.
Examination Objectives
On successful completion of the examination, the candidate should:
- Know the basics of the Indian Securities Market-Structure, Participants, Products and Features.
- Know the basic concepts in Taxation, Capital Gains, Sources of Income etc.
- Understand the taxation of products available in the market viz., Equity, Debt, ESOPs, Exchange Traded Funds, Alternate Investment Funds, Real Estate Investment Trusts, Infrastructure Investment Trust and Derivative products. Taxation in the hands of the Intermediaries, Foreign Portfolio Investors, IFSC etc.
Assessment Structure
The NISM Series XX examination consists of 75 questions, out of which 50 questions are of 1 mark each and 25 questions of 2 mark each. The exam should be completed in 2 hours. The passing score on the examination is 60 percent. There shall be negative marking of 25 percent of the marks assigned to a question.
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