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    IWNPSL+537
    4.8 / 5
    Join 500+ candidates who cleared this exam

    Get the 830+ most important questions and answers to clear the NISM 16 Commodity Derivatives certification easily

    Easy explanations with every answer, so you understand the concept and can answer even the toughest NISM 16 questions.

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    OneQuest / PracticeTry it here
    NISM 16
    Where was the first known organized futures market established?

    How you’ll prepare

    01:24:36left
    1234567891011121314151617181920
    NISM 16

    When are forward contracts typically settled?

    • AUpon mutual consent of both…
    • BAnytime before expiry
    • CDaily

    Timed mock tests

    Exam-style papers on a running clock, with topic-level results after every attempt.

    68%Latest mock
    Score by mock+16
    Mock 1Mock 4

    Watch your score climb

    See how each mock compares with the last, so you know your prep is working.

    Introduction to Commodity…48%
    Commodity Indices62%
    Commodity Futures76%
    Commodity Options84%

    Find your weak areas

    Topic-level results show where to spend your next study session.

    NISM 16 Formula Sheet

    Introduction to Commodity…

    Commodity Indices

    Commodity Futures

    NISM 16 Revision Notes

    Osaka, Japan

    The Osaka Rice Exchange in Japan, established in 1730, is recognized as the first organized futures market.

    Commodity Indices

    Commodity Futures

    Notes and formula sheets

    Keep your references next to your practice and revise them between mocks.

    What’s included

    Your mocks, study tools and support, in one prep pack.

    Mock tests8 tests
    • NISM 16 mock test 1
      In the pack
    • NISM 16 mock test 2
      In the pack
    • NISM 16 mock test 3
      In the pack
    • NISM 16 mock test 4
      In the pack
    • NISM 16 mock test 5
      In the pack
    • NISM 16 mock test 6
      In the pack
    • NISM 16 mock test 7
      In the pack
    • NISM 16 mock test 8
      In the pack
    Notes2 PDFs
    • NISM 16 Revision Notes
      In the pack
    • NISM 16 Formula Sheet
      In the pack
    Performance analyticsTopic-level insights

    See your topic-level results and track your mock scores as you practise.

    WhatsApp supportDoubt solving

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    Mock Test Series
    NISM 16
    Commodity Derivatives
    Exam-level difficulty
    ₹499₹79938% off

    Limited-time offer

    This course includes:

    8 full-length mock tests
    Study notes & formula sheets (2 PDFs)
    Doubt solving on WhatsApp
    Performance analytics to identify weak areas
    Access valid for 2 months

    7-day refund

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    Your first week is on us to prove it

    Take a mock. Try topic practice. Read the explanations. If the pack isn’t helping your prep, request a full refund within 7 days of purchase.

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    Syllabus covered

    10 sections · 74 topics · mock tests & practice

    Introduction to Commodity Markets8 topics
    • History of Commodity Trading
    • Spot and Derivatives Trading in Commodities
    • Major Commodities Traded in Derivatives Exchanges in India
    • Participants in Commodity Derivatives Markets
    • Commodities Trading vis-à-vis Trading in Other Financial Assets
    • Commodity Markets Ecosystem
    • Factors Impacting the Commodity Prices
    • Commodity Options and Index Futures
    Commodity Indices6 topics
    • What is an Index?
    • Commodity Index
    • Index Construction and its Constituents
    • Trading in Index Futures
    • Uses of Index Futures
    • Trading in Index Options
    Commodity Futures11 topics
    • Introduction to Futures
    • Distinction between Forwards and Futures
    • Cost-of-Carry
    • Convergence of Spot and Futures Prices
    • Fair Value of a Futures Contract
    • Convenience Yield
    • Commodity Futures and Commodity Forwards
    • Pay-off Profile for Futures Contracts
    • Tick Size and Its Impact
    • Spot Price Polling and Final Settlement Price of Futures
    • Additional Aspects of Commodity Futures
    Commodity Options6 topics
    • Introduction to Options
    • Option Terminology
    • Pay-off Profiles of Options Contracts
    • Determinants of Option Premium
    • Options on Commodity Futures
    • Options on Goods
    Uses of Commodity Derivatives8 topics
    • Hedging (Price Risk Management Strategies)
    • Long Hedge and Short Hedge Strategies Using Futures
    • Speculation
    • Arbitrage
    • Spread Trading
    • Basis
    • Option Trading Strategies
    • Hedging Strategies Disclosure Norms
    Trading Mechanism9 topics
    • Membership on Exchanges Having Commodity Derivatives Segment
    • Trading System in the Exchanges
    • Selection Criteria of Commodities for Trading on Derivatives Exchanges
    • Contract Specifications for Commodity Derivatives Contracts
    • Order Types and Conditions
    • Tracking Commodity Futures and Options Prices
    • Trading Costs to Participants in Commodity Derivatives
    • Participants in Commodity Derivatives
    • Disclosures by Exchanges
    Clearing, Settlement and Risk Management13 topics
    • Clearing Corporation
    • Clearing and Settlement
    • Delivery Process
    • Entities Involved in the Clearing and Settlement Process
    • Premium/Discount
    • Penalty for Seller's Delivery Default and Buyer's Default
    • Deliveries in the Case of Physical Delivery
    • Risk Management for Exchange Traded Commodity Derivatives
    • Position Limits and Computation of Open Position
    • Salient Features of Risk Containment Measures
    • Margining Mechanism
    • Additional Procedures for Other Commodity Products
    • Raising of Bill for Delivery
    Legal and Regulatory Environment4 topics
    • Regulatory Structure of Commodities Market
    • Securities Contracts (Regulation) Act, 1956
    • Securities and Exchange Board of India Act, 1992
    • Other Regulatory Norms to Encourage Commodity Derivatives
    Accounting and Taxation4 topics
    • Important Accounting Aspects Related to Trading in Commodity Derivatives
    • Guidance Note Issued by ICAI on Accounting Treatment of Derivative Transactions
    • Accounting of Options Contracts
    • Important Tax Aspects Related to Trading in Commodity Derivatives
    Code of Conduct and Investor Protection Measures5 topics
    • SEBI's Code of Conduct for Brokers
    • Risk Disclosure to Client and KYC
    • Investors Grievance Redressal Mechanism
    • Rights and Obligations of Members and Clients
    • Additional Do's and Don'ts for Clients / Investors in Commodity Derivatives

    A few things before you start

    Choose the pack because it fits your preparation.

    How many mock tests do I get?

    You get 8 full-length mocks.

    Is this aligned with the official NISM Series XVI syllabus?

    Our content targets the NISM Series XVI: Commodity Derivatives exam. Always verify against the latest NISM workbook and examination notice.

    How long is my access valid?

    Purchased access is valid for 60 days from the date of purchase unless a different period is shown at checkout.

    What is the refund policy?

    We offer a 7-day money-back guarantee subject to the fair-use terms shown at checkout.

    What is the validity after purchase?

    You receive 2 months of full access.

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