NISM Series IV Practice coming soon Mandated by SEBI
NISM Series IV: Interest Rate Derivatives
Preparation resources for the NISM NISM-Series-IV Interest Rate Derivatives certification examination.
- Duration
- 120 min
- Questions
- 100
- Maximum marks
- 100
- Pass mark
- 60%
- Negative marking
- 25%
- NISM fee
- ₹1,500
Verified 13 Oct 2026 from NISM's official certification listing. Certificate valid 3 years. NISM currently lists all certification examinations as online, remote-proctored.
Syllabus and chapter weightage
Workbook version: March 2026| # | Chapter | Weight | Actions |
|---|---|---|---|
| 1 | Introduction to Interest Rate, Interest Rate Instruments And | 10 | |
| 2 | Interest Rate Derivatives | 5 | |
| 3 | Exchange Traded Interest Rate Futures | 20 | |
| 4 | Exchange Traded Interest Rate Options | 15 | |
| 5 | Strategies Using Exchange Traded Interest Rate Derivatives | 15 | |
| 6 | Trading Mechanism in Exchange Traded Interest Rate Derivatives | 10 | |
| 7 | Clearing, Settlement and Risk Management in Exchange Traded | 10 | |
| 8 | Regulatory Framework for Exchange Traded Interest Rate | 5 | |
| 9 | Accounting and Taxation | 5 | |
| 10 | Code of Conduct and Investor Protection Measure | 5 |
NISM Series IV: frequently asked questions
How many questions are there in the NISM Series IV exam?
The NISM Series IV exam has 100 questions for 100 marks, to be answered in 120 minutes.
What is the passing mark for NISM Series IV, and is there negative marking?
You need 60% to pass. Each wrong answer costs 25% of the marks for that question, so guessing has a price.
What is the fee for the NISM Series IV exam and how long is the certificate valid?
NISM lists the fee as ₹1,500. The certificate is valid for 3 years. NISM currently lists all certification examinations as online, remote-proctored.
Are these official NISM questions?
No. Integrato Digital is an independent practice platform and is not affiliated with or endorsed by NISM. Every question and lesson is original, written to the published NISM syllabus and test objectives.
Registering for the exam
Registration, scheduling, fees and certificates are handled only by NISM. Use the official page to register:
Official NISM Series IV page on nism.ac.in
NISM also publishes the official workbook for each exam on its website. Our questions and notes are original and are written to complement it, not replace it.