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Exams open now: NISM Series V-A, V-B, V-D, VIII, X-A, XII, XV, XIX-A, XIX-B and XXI-A. Your first test is free, with no sign‑up.
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Concept · NISM Series V-A
Exit load is a charge deducted from the NAV when you redeem units before a set period.
NAV is ₹20 and the exit load is 1%. What do you receive per unit if you redeem now?
Choose an answer to see the explanation.
Chapter progress50%
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5,000original questions with explanations
10 exams open36 NISM exams in the directory
Real patternschecked against nism.ac.in on 13 Oct 2026
Independentoriginal questions, not copied from NISM
- Series V-A: Mutual Fund Distributors
- Series V-B: Mutual Fund Foundation
- Series V-D: SIF Distributors
- Series VIII: Equity Derivatives
- Series X-A: Investment Adviser L1
- Series XII: Securities Markets Foundation
- Series XV: Research Analyst
- Series XIX-A: AIF Cat I & II Distributors
- Series XIX-B: AIF Cat III Distributors
- Series XXI-A: PMS Distributors
- Series I: Currency Derivatives
- Series II-A: RTA – Corporate
- Series II-B: RTA – Mutual Fund
- Series III-A: Compliance (Non-Fund)
- Series III-C: Compliance (Fund)
- Series IV: Interest Rate Derivatives
- Series VI: Depository Operations
- Series VII: Securities Ops & Risk Mgmt
- Series IX: Merchant Banking
- Series X-B: Investment Adviser L2
- Series X-C: Investment Adviser Renewal
- Series XIII: Common Derivatives
- Series XV-B: Research Analyst Renewal
- Series XVI: Commodity Derivatives
- Series XVII: Retirement Adviser
- Series XIX-C: AIF Managers
- Series XIX-D: AIF Cat I & II Managers
- Series XIX-E: AIF Cat III Managers
- Series XXI-B: Portfolio Managers
- Series XXIII: Social Impact Assessors
- Series XXIV: AML & CFT
- Series XXV-A: Research Services (Sales)
- Series XXV-B: Investment Advice (Sales)
- IFSCA-01: AML & CFT in the IFSC
- IFSCA-02A: Cyber Security IFSC (Basic)
- IFSCA-02B: Cyber Security IFSC (Advanced)
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NISM preparation for Series V-A, V-B, V-D, VIII, X-A, XII, XV, XIX-A, XIX-B and XXI-A: lessons, chapter practice, full mock tests, a daily question, short videos and the Integrato AI Coach.
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Suggested next: 20 questions on NAV, TER and pricing
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Series V-A, Chapter 1A family's monthly expenses today are ₹30,000. If inflation stays at 6% per year, what will the same lifestyle cost per month after 5 years (approximately)?
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Really helpful exam sets. Gave AMFI exam by preparing from mocks and got pass in first attempt. Explanation under mocks are helpful to improvise.
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Common questions
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Integrato Digital is an independent preparation platform from Integrato Financial Services, not NISM. Practice scores help you judge your preparation but don't guarantee an exam result.