NISM Series XXIV Securities Market Foundation— Mock Tests & Exam Prep
NISM Series XXIV (Securities Market Foundation) is a SEBI-recognised certification exam in capital markets. The exam has 100 marks over 120 minutes, needs 50/100 to pass, and stays valid for 3 years.
Most affordable NISM exam — foundational certification for entry-level finance professionals
- check_circle400+ exam-pattern questions
- check_circleFull-length mocks in the real 100-mark format
- check_circleWorked solution on every question
- How we compare to coaching, books & other apps
Total Marks
Duration
Pass Mark
Your Readiness
Series XXIV · NISM
About This Certification
NISM Series XXIV is the most affordable NISM certification at ₹885. It provides foundational knowledge about Indian securities markets for entry-level professionals, students, and individuals looking to understand how financial markets work. No professional mandate — excellent for building baseline knowledge.
Quick Facts
- RegulatorSEBI
- Conducted byNISM
- Validity3 Years
- Negative Marking0%
- Fee₹885 + GST
What You Get
400+ Questions
Exam-pattern practice with full-length timed mocks and negative marking.
AI Smart Notes
Concise chapter summaries generated from the NISM workbook.
400+ Flashcards
Spaced-repetition for key formulas and definitions.
Doubt Forum
Get answers from mentors and past exam-takers.
Which of the following correctly calculates Net Asset Value?
Click an option to check your answer — no login required.
3 Steps to Pass Series XXIV
Diagnostic Quiz
15 questions to baseline your current knowledge across all topics.
Personalized Plan
A day-by-day path built around your weak topics — not a generic schedule.
Mock & Improve
Sit full mocks and watch your Readiness Score climb in real time.
Know exactly when you're ready.
Our AI tracks your mock scores, topic mastery, and study consistency to predict your Series XXIV pass probability in real time.
Concepts 92%
Regs 54%
Exam Syllabus & Topic Weightage
savings01. Introduction to Indian Securities Market
Stock exchanges, SEBI, types of securities, primary and secondary markets
~25% weightage
storefront02. Equity, Debt, and Mutual Funds Basics
What are shares, bonds, and mutual funds, basic investing concepts
~25% weightage
gavel03. Derivatives Overview
What are futures and options, basic concepts, risk management basics
~25% weightage
receipt_long04. Investor Awareness and Protection
Investor rights, SEBI investor charter, how to open a demat account, grievance redressal
~25% weightage
Free Resources
NISM Series XXIV Securities Market Foundation Mock Tests
Sit free, full-length NISM Series XXIV mock tests that mirror the real exam — 100 marks over 120 minutes. Each attempt is auto-scored against the 50% pass mark with instant solutions, so you know exactly when you are ready.
NISM Series XXIVStudy Material & Notes
Chapter-wise Securities Market Foundation study material and revision notes built from the official SEBI syllabus, with 400+ practice questions and previous-year style MCQs to lock in every high-weightage topic.
NISM Series XXIV Syllabus 2025-26
- Introduction to Indian Securities Market25%
- Equity, Debt, and Mutual Funds Basics25%
- Derivatives Overview25%
- Investor Awareness and Protection25%
Frequently Asked Questions
Is Series XXIV mandatory for any profession?
No — Series XXIV has no regulatory mandate. It is a voluntary certification ideal for students, career changers, and anyone who wants to demonstrate foundational knowledge of Indian securities markets. It is the most affordable NISM exam at just ₹885.
How is Series XXIV different from Series V-B?
Both are entry-level exams. Series V-B (₹1,200) is specifically for mutual fund distribution and enables ARN registration. Series XXIV (₹885) is a general securities market foundation exam with no specific professional mandate — it's more of an educational certification.
How we prepare you for Securities Market Foundation
Everyone selling exam prep tells you that you'll pass. Here is the machinery underneath the claim - six things the product does, in the order you'll meet them.
A diagnostic, before a single lesson
Fifteen questions map what you already know against the syllabus.
Most people waste their first fortnight re-reading chapters they'd already pass. The diagnostic exists so your plan starts at the gaps, not at page one.
Chapters broken into five-minute cards
The syllabus is re-cut into sessions that fit a commute, not an evening.
A 600-page workbook asks you to find an hour you don't have. Bite-sized cards ask for the ten minutes you already lose to a queue - which is why the habit survives past week two.
Practice that follows your mistakes
The engine weights questions toward the topics you keep getting wrong.
A static question bank serves everyone the same 1,200 questions in the same order. Adaptive weighting means your revision time lands where it actually moves the score.
A worked solution on every question
Not just the right option - the reasoning, and the trap you fell for.
Knowing you picked C and the answer was B teaches you nothing. Every question carries the working, so a wrong answer is the most useful thing that happens in a session.
Mocks under real exam conditions
Full length, properly timed, with negative marking where the series has it.
The exam is as much a clock-management problem as a knowledge one. A mock that doesn't reproduce the pressure tells you how you'd do in an untimed, forgiving version of an exam that is neither.
One number: your Preparedness Score
Whether you'd pass today - and which chapters are holding it down.
Every other method leaves you guessing at the only question that matters before you pay the exam fee. The score is the answer, and it moves as you do.
Why people leave the alternatives
You have four other options, and each one genuinely beats us at something. Here is the whole picture - including the rows where they win.
| Dimension | PrepCleverPrepClever | Coaching centreClassroom batch | YouTube & PDFsFree material | Other prep appsTypical case | BooksSelf-study |
|---|---|---|---|---|---|
| What it costs to start | Free forever core - no card | ₹30,000–50,000 upfront | Free | Freemium; the real bank is paywalled | ₹500–1,500 per workbook |
| When you can study | Five-minute sessions, any time | Fixed batch timings, fixed venue | Any time | Any time | Any time |
| Does it know your weak areas? | Adaptive - weights toward what you miss | One pace for the whole batch | Nothing is tracked | Usually a static bank in fixed order | Nothing is tracked |
| Why was my answer wrong? | Worked solution on every question | Strong - if you can get the teacher's time | The comments section | Often an answer key only | Answer key at the back |
| Am I ready to book the exam? | Preparedness Score, updated per session | A mock rank, and instinct | No signal at all | Your raw score on the last test | No signal at all |
| Is the syllabus current? | Tracked against SEBI workbook updates | Depends entirely on the centre | Often years out of date | Varies; rarely dated on the page | Whatever the last reprint said |
| How many NISM series? | All 26 | The one or two that fill a batch | Patchy - the popular ones | Usually the popular ones | One book per series |
Rival columns describe the typical case, not every provider. A good coaching teacher will out-explain any app on the day you can actually reach them.
Rather judge it yourself? Take a free mock quiz or read a worked solution before you decide.
Ready to pass Series XXIV?
Start your personalized prep today — 400+ practice questions, free to start.