Merchant Banking Certification

Trusted NISM Mock Test Portal for Passing NISM Exams in India

  • Achieve First-Time Success
  • 2000+ Successfully Passed Student
  • 10,000+ Explained QnA's
  • Explained Questions, Case Studies and Numericals
  • Expert Curated NISM Supplementary Guide
  • Always Up-to-Date Content
Login

NISM Series IX: Merchant Banking Mock Test


  • Master the NISM Series IX: Merchant Banking Certification Exam effortlessly with our comprehensive package!
    1. 800 Exam-Focused Questions: Gain confidence with a vast question bank covering all key topics.
    2. Engaging Video Lectures: Learn complex concepts effortlessly with expert-led sessions.
    3. Concise Short Notes: Quick revision materials designed for clarity and retention.
    4. 15-Days Access: Ample time to prepare and refine your understanding.
    5. 15 Test Attempts per Set: Practice extensively and track your progress.
    6. Affordable Pricing: Just Rs.599 (including GST) for comprehensive study resources.

Examination Overview - NISM Series IX: Merchant Banking Certification


The NISM-Series-IX: Merchant Banking Certification Examination is designed to create a minimum knowledge benchmark for employees working with SEBI-registered Merchant Bankers. It is especially relevant for professionals who:

Work on SEBI-regulated activities such as IPOs, FPOs, Buy-backs, Open Offers, and Delisting.

Interact with issuers or intermediaries involved in such transactions.

Act as Compliance Officers submitting Due Diligence Certificates to SEBI.

The exam ensures a sound understanding of capital market functions, regulatory frameworks, merchant banking processes, and SEBI regulations for efficient and compliant execution of responsibilities.

Examination Objectives


Upon successful completion, the candidate should be able to:

Understand the basics of Merchant Banking in India and its evolving scope.

Grasp issue management processes, takeovers, delisting, and buybacks under SEBI norms.

Know the regulatory environment and due diligence responsibilities handled by Merchant Bankers.

For more details, please visit the official website of NISM.

Assessment Structure


Component Details
Number of Questions100
Marks per Question1 mark
Total Marks100
Passing Criteria60% (60 marks)
Negative Marking25% per incorrect answer
Duration2 Hours

Syllabus Outline with Weightages


Chapter Chapter Title
1Introduction to Capital Market
2Introduction to Merchant Banking
3Registration, Code of Conduct & General Obligations of Merchant Bankers
4Issue Management - Important Terms
5Issue Management - Process and Underwriting
6Issue Management - Due Diligence & General Obligations
7Other Merchant Banking Activities - Mergers, Acquisitions & Takeovers
8Other Merchant Banking Activities - Disinvestment, Buyback, Delisting

What We Offer


Want to dominate the Merchant Banking Certification Exam? Here's your winning combo:

800+ Expert-Level Questions: Practice with an exhaustive, exam-like question bank.

Video Sessions That Stick: Understand tough regulations and concepts with ease.

Sharp Short Notes: Your go-to material for last-minute high-yield revision.

15-Day Smart Access: Unlimited study, anywhere, anytime - on your schedule.

Track Your Growth: 15 test attempts to refine speed, accuracy, and confidence.

All at Rs. 599 Only: Full power prep without overpaying. GST included.

Frequently Asked Questions - NISM Series IX: Merchant Banking

Finding a high-quality NISM IX Merchant Banking Mock Test is the most important step in your preparation. While some free tests are available online, they often lack the depth and accuracy of the real exam. For reliable and comprehensive practice, nismexams.in offers a dedicated package with over 800 exam-focused questions, detailed video lectures, and concise revision notes, ensuring your practice is perfectly aligned with the official SEBI-mandated exam.

The NISM Series IX exam is a 2-hour computer-based test consisting of 100 multiple-choice questions, with each question carrying one mark. A critical detail to remember is the 25% negative marking for every incorrect answer. To pass and earn the certification, you must achieve a minimum score of 60%. This structure demands a strong grasp of the subject, along with excellent time management and accuracy.

Trying a NISM IX Demo Test is an excellent way to evaluate the quality of a preparation platform before you commit. A good demo test should give you a clear insight into the question style and the online interface you can expect. While our main offering at nismexams.in is a comprehensive premium package, a demo helps you understand the value you'll get from our full Merchant Banking Practice Test.

A strategic study plan must prioritize the chapters that cover the core functions of a merchant banker. Based on the syllabus, you should focus heavily on:
Issue Management (Process, Underwriting, Due Diligence & Obligations): These chapters form the heart of merchant banking activities like IPOs and FPOs.
Other Merchant Banking Activities (Mergers, Acquisitions & Takeovers; Disinvestment, Buyback, Delisting): These are complex, high-value topics that are frequently tested.
Registration, Code of Conduct & General Obligations: Understanding the regulatory framework is non-negotiable.
Our course at nismexams.in is structured to help you master these critical areas

A NISM IX Mock Test is a complete simulation of the actual exam, not just a list of questions. It is timed for 2 hours, contains 100 questions structured according to the official syllabus, and, most importantly, it applies the 25% negative marking. This is fundamentally different from a simple question bank because it trains you to handle the time pressure and strategic decision-making required for the real test, a core feature of the preparation offered on nismexams.in.

Relying solely on a free Merchant Banking Mock Test is a very risky strategy for a professional certification. Free resources are often not updated for the latest SEBI regulations, may contain errors, and rarely provide the comprehensive coverage needed. Investing in an affordable and expertly crafted package, like the one at nismexams.in, is a much more reliable way to ensure you pass on the first attempt.

Issue Management is the primary function of a merchant banker. The chapters covering this topic detail the entire process of bringing a public issue (like an IPO or FPO) to the market, from initial planning and due diligence to underwriting and post-issue compliance. As this is a core responsibility, it is one of the most heavily tested areas in the NISM Series IX exam.

To successfully pass the NISM Series IX: Merchant Banking Certification Exam, you must score a minimum of 60%. This means you need to achieve a net score of at least 60 marks out of 100 after the 25% negative marking for any incorrect answers has been applied.

You can find a complete Merchant Banking Model Test within the comprehensive preparation package at nismexams.in. Our platform is specifically designed to provide an authentic exam experience with multiple full-length mock tests. Each NISM IX Model Test is created by industry experts to accurately reflect the difficulty, question format, and topic distribution of the actual NISM exam.

Each incorrect answer deducts 0.25 marks. Avoid blind guesses — answer only when reasonably confident. Practice helps build both accuracy and judgment.

This certification is essential for employees working with SEBI-registered Merchant Bankers, especially those involved in:
Managing public issues like IPOs and FPOs.
Handling takeovers, buybacks, or delisting processes.
Acting as compliance officers who submit due diligence certificates to SEBI.
Anyone aspiring to build a career in corporate finance and investment banking.

The 15-day access plan at nismexams.in is perfectly designed for focused, short-term preparation. A successful 15-day strategy would be:
Days 1-7: Watch the Engaging Video Lectures to quickly grasp the complex regulatory and procedural concepts.
Days 8-12: Dedicate this time to intensive practice with our 800+ Exam-Focused Questions, attempting chapter-wise tests.
Days 13-15: Take multiple full-length mock tests to master time management and get comfortable with the negative marking system.

Yes, absolutely. The chapter "Other Merchant Banking Activities - Mergers, Acquisitions & Takeovers" is a key part of the syllabus. It covers the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, which govern how M&A activities are conducted for listed companies in India.

Due diligence is a cornerstone of a merchant banker's responsibilities. The chapter "Issue Management - Due Diligence & General Obligations" is critical because it covers the legal and financial verification process that a merchant banker must conduct on an issuer company before bringing its issue to the public. This is a matter of regulatory compliance and investor protection, making it a heavily tested topic.

Our package is designed for thorough practice. We offer 15 test attempts per set, which allows you to retry the tests multiple times. This repetition is key to identifying your weak areas, learning from your mistakes, and tracking your improvement, ensuring you are fully confident on exam day.

While our concise short notes are excellent for quick revision, the video lectures serve a different purpose. They are designed to break down complex legal frameworks and procedural workflows (like the IPO process or takeover regulations) into simple, visual explanations. For many learners, watching an expert explain these processes is much more effective than reading about them.

After you successfully pass the exam, the NISM Series IX: Merchant Banking Certification is valid for a period of three years. To maintain your certification beyond this period, you will need to either pass the exam again or complete a Continuing Professional Education (CPE) program as prescribed by NISM.

Yes, our NISM IX Practice Test is heavily focused on regulations as they are the core of the exam. Our question bank includes numerous questions on the SEBI (Issue of Capital and Disclosure Requirements) Regulations, Takeover Regulations, and other relevant SEBI guidelines that a merchant banker must comply with.

A Merchant Banking Demo Test is a short, free sample designed to give you a preview of our platform and the quality of our questions. In contrast, a full mock test is a complete simulation of the actual exam, with 100 questions, a 2-hour timer, and negative marking. A demo is for a quick look, but only the full mock tests can properly prepare you for the intensity of the real exam.

Our course provides exceptional value. For just Rs. 599, you receive a complete and expertly designed preparation toolkit, including over 800 practice questions, engaging video lectures, concise revision notes, and multiple test attempts. This affordable, all-in-one package offers a structured and reliable path to passing an important industry certification, saving you the potential cost and time of failing and needing to re-attempt the exam.

Be regulation-ready. Be issue-smart. Be SEBI-compliant.

Enroll Now and Start Your Journey!

Start Preparing Now - Be Exam Ready!

Proven Track Record in NISM Exam Preparation

  • Success in First Attempt - Trusted by thousands
  • Explained NISM Mock Tests - Learn with clarity
  • 2,000+ Students - and growing daily!


Feedback Form





Captcha: