NISM Series VII – Securities Operations and Risk Management Mock Test

Preparing for the NISM Series VII: Securities Operations and Risk Management (SORM) Exam is essential for professionals working in clearing, settlement, compliance, and risk management roles within the securities market. This SEBI-mandated certification validates your expertise and ensures you meet industry standards.

With consistent practice through Finsafar’s NISM Series VII Mock Tests, you can strengthen your preparation and boost your chances of success.

What is the NISM Series VII SORM Exam?

The NISM Series VII Certification Exam evaluates your knowledge of securities operations, trade lifecycle, clearing and settlement, depository functions, and risk management practices.

It is particularly useful for:

• Back-office and middle-office staff

• Clearing and settlement professionals

• Compliance and surveillance officers

• Custodian and depository executives

Exam Pattern and Structure

Understanding the exam format is the first step to success:

• Number of Questions: 100

• Question Type: Multiple Choice Questions (MCQs)

• Duration: 2 hours (120 minutes)

• Passing Marks: 60% (60 out of 100)

• Negative Marking: 25% deduction for every wrong answer

• Mode: Online at NISM exam centres

Since there is negative marking, focus on accuracy rather than attempting every question blindly.

Benefits of NISM Series VII Certification

Earning this certification offers several advantages:

• Regulatory Compliance – Mandatory for key operational roles under SEBI guidelines.

• Professional Credibility – Adds weight to your capital market profile.

• Career Growth – Opens doors in brokerage firms, custodians, depositories, and clearing corporations.

• Skill Enhancement – Strengthens your understanding of risk management and operational controls.

NISM Series VII Syllabus

The official NISM workbook covers:

1. Introduction to Indian Securities Markets

2. Market Infrastructure and Participants

3. Trade Lifecycle and Order Processing

4. Clearing and Settlement Mechanisms

5. Risk Management in Securities Markets

6. Depository Operations and Custody Services

7. Compliance and Regulatory Framework

8. Investor Grievances and Dispute Resolution

9. Reporting, Reconciliation, and Audit Mechanisms

10. Ethics and Professional Conduct

Why Choose Finsafar Mock Tests?

Finsafar provides exam-oriented mock tests to make your preparation smoother and more effective.

Features include:

• Chapter-wise question banks aligned with the syllabus

• Full-length mock tests replicating the real exam pattern

• Detailed explanations for each answer

• Performance tracking with analytics

• 15, 30, and 60-day subscription options

• Flexible access across devices

Practicing with Finsafar ensures you gain confidence and improve your accuracy.

Study Plan and Preparation Tips

To maximize your success in the NISM Series VII exam:

• Set a Timetable – Dedicate 2–3 weeks for preparation.

• Revise Regularly – Revisit important topics multiple times.

• Focus on High-Weightage Areas – Clearing, settlement, risk management, and compliance.

• Use Daily Quizzes – Reinforce your learning with short practice sets.

• Simulate Real Exam Conditions – Attempt full-length mock tests with a timer.

How to Start with Finsafar

1. Visit Finsafar – NISM Series VII Mock Test

2. Choose your preferred subscription plan (15, 30, or 60 days).

3. Access chapter-wise practice questions and full-length tests.

4. Track your progress with performance analytics.

5. Prepare with consistency and confidence.

Conclusion

The NISM Series VII Certification is a career-enhancing qualification for professionals in securities operations and risk management. With Finsafar’s comprehensive mock test series, you can practice effectively, analyze your performance, and walk into the exam hall fully prepared.