OneQuest
HomeFree MocksCoursesBlog
OneQuest

Master your exams with our comprehensive practice tests and learning platform.

Quick Links

DashboardCoursesCFA Level 1 Formula SheetCFA Level 1 GlossaryFinance Careers GuideBlogAnalyst Protocol

Free Mock Tests

CFA Level 1 Mock TestNISM VA Mock TestNISM VIII Mock TestNISM XA Mock TestNISM XB Mock TestNISM VI Mock TestView all free mock tests →

Support

care@onequest.in

Exam Courses

CFA Level 1NISM VANISM VINISM VIIINISM XANISM XBAll courses →

© 2026 OneQuest. All rights reserved.

PrivacyTerms & ConditionsCancellation & RefundShippingAboutContact Us

    Loading the page

    Loading...
    VSAPRM+548
    4.7 / 5
    Join 500+ candidates who cleared this exam

    Pass NISM XV in your first attempt or get your money back

    Practise 630+ NISM XV mock test questions online to improve accuracy, revise key concepts, and prepare confidently for the NISM XV Research Analyst certification exam. If you don’t pass, you get your money back.

    Get my prep pack
    OneQuest / PracticeTry it here
    NISM XV
    What is the Price-to-Book Value (P/BV) Ratio for Company Iota?

    Hundreds of student success stories

    Varun S.NISM XV candidate
    “Was trying to break into equity research and the RA cert was step one. Used this for about 3 weeks. Questions felt practical rather than just definition recall, which I appreciated. Cleared XV. Good platform overall.”
    Read full reviewShow less

    “Was trying to break into equity research and the RA cert was step one. Used this for about 3 weeks. Questions felt practical rather than just definition recall, which I appreciated. Cleared XV. Good platform overall.”

    Simran R.NISM XV candidate
    “Used it mostly in the last week before my RA exam. The case study format really helped — makes you apply stuff rather than just remember it.”
    Ankita P.NISM XV candidate
    “Good practice for the ratio and analysis stuff. Helped me actually get faster at applying things under time pressure.”
    Preeti G.NISM XV candidate
    “Good practice for the RA cert. Used this alongside the NISM workbook and cleared it. Worth it.”
    Komal D.NISM XV candidate
    “Loved the scenario based questions!! Felt like real research situations 🔥”
    Aditya B.NISM XV candidate
    “Questions close to the workbook topics. EXACTLY what I needed.”
    Yash A.NISM XV candidate
    “Nice mix of theory and numericals. Liked this!”
    Sahil N.NISM XV candidate
    “helped me revise and i cleared it. happy! 😊”

    How you’ll prepare

    Why is “1.33x” the right answer?
    QuestAI

    P/BV Ratio = Current Market Price (CMP) / Book Value per Share = Rs. 200 / Rs. 150 = 1.333... or 1.33x.

    Doubts answered as you study

    Ask QuestAI to explain the concept behind any answer, right where you got stuck.

    01:24:36left
    1234567891011121314151617181920
    NISM XV

    What is the Book Value per Share (BVPS) for Company Iota?

    • ARs. 100
    • BRs. 200
    • CRs. 250

    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 Research…48%
    Introduction to Securities…62%
    Terminology in Equity and…76%
    Fundamentals of Research84%

    Find your weak areas

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

    NISM XV Formula Sheet

    Introduction to Research…

    Introduction to…

    Terminology in Equity and…

    NISM XV Study Notes

    1.33x

    P/BV Ratio = Current Market Price (CMP) / Book Value per Share = Rs. 200 / Rs. 150 = 1.333... or 1.33x.

    Introduction to…

    Terminology in Equity and…

    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 tests5 tests
    • NISM XV mock test 1
      In the pack
    • NISM XV mock test 2
      In the pack
    • NISM XV mock test 3
      In the pack
    • NISM XV mock test 4
      In the pack
    • NISM XV mock test 5
      In the pack
    Notes2 PDFs
    • NISM XV Study Notes
      In the pack
    • NISM XV Formula Sheet
      In the pack
    Practice questions100+ questions
    • Practice question bank
      In the pack
    QuestAIAI assistant
    • QuestAI
      In the pack

    AI explanations support your study; check important points against the official material.

    Performance analyticsTopic-level insights

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

    WhatsApp supportDoubt solving

    Chat with our team for doubts, technical issues, or help choosing a plan. Chat on WhatsApp

    Mock Test Series
    NISM XV
    Research Analyst
    Exam-level difficulty
    ₹499₹79938% off

    Limited-time offer

    This course includes:

    5 full-length mock tests
    630+ practice questions
    QuestAI for conceptual doubts
    Study notes & formula sheets (2 PDFs)
    Doubt solving on WhatsApp
    Performance analytics to identify weak areas
    Access valid for 2 months

    Pass guarantee

    7-day refund

    Instant access

    Secure checkout

    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.

    Start with confidence

    Syllabus covered

    15 sections · 131 topics · mock tests & practice

    Introduction to Research Analyst Profession4 topics
    • Primary Role of a Research Analyst
    • Primary Responsibilities of a Research Analyst
    • Basic Principles of Interaction with Companies/Clients
    • Important Qualities of a Research Analyst
    Introduction to Securities Market6 topics
    • Introduction to Securities and Securities Market
    • Product Definitions / Terminology
    • Structure of Securities Market
    • Various Market Participants and Their Activities
    • Kinds of Transactions
    • Dematerialization and Rematerialization of Securities
    Terminology in Equity and Debt Markets4 topics
    • Terminology in Equity Market
    • Terminology in Debt Market
    • Types of Bonds
    • Terminology Used in the Commodity Markets
    Fundamentals of Research10 topics
    • What is Investing?
    • Role of Research in Investment Activity
    • Technical Analysis
    • Fundamental Analysis
    • Quantitative Research
    • Behavioural Approach to Equity Investing
    • Fundamental Analysis – Commodity
    • Case Studies
    • Historical Events
    • Impact of Commodity Market on Equity Market
    Economic Analysis6 topics
    • Basic Principles of Microeconomics
    • Basic Principles of Macroeconomics
    • Introduction to Various Macroeconomic Variables
    • Role of Economic Analysis in Fundamental Analysis
    • Secular, Cyclical and Seasonal Trends
    • Sources of Information for Economic Analysis
    Industry Analysis10 topics
    • Role of Industry Analysis in Fundamental Analysis
    • Defining the Industry
    • Understanding Industry Cyclicality
    • Market Sizing and Trend Analysis
    • Secular Trends, Value Migration and Business Life Cycle
    • Understanding the Industry Landscape
    • Key Industry Drivers and Industry KPIs
    • Regulatory Environment/Framework
    • Taxation
    • Sources of Information for Industry Analysis
    Company Analysis – Business and Governance10 topics
    • Role of Company Analysis in Fundamental Research
    • Understanding Business and Business Models
    • Pricing Power and Sustainability
    • Competitive Advantages / Points of Differentiation
    • SWOT Analysis
    • Quality of Management and Governance Structure
    • Risks in the Business
    • Credit Rating of the Company
    • ESG Framework for Company Analysis
    • Sources of Information for Analysis
    Company Analysis – Financial Analysis15 topics
    • Introduction to Financial Statements
    • Stand-alone and Consolidated Financial Statements
    • Balance Sheet
    • Basics of Profit and Loss Account (P/L)
    • Statement of Changes in Shareholders’ Equity
    • Basics of Cash Flows
    • Notes to Accounts
    • Important Points While Reviewing Financials
    • Reading the Audit Report
    • Financial Statement Analysis Using Ratios
    • Commonly Used Ratios
    • DuPont Analysis
    • Forecasting Using Ratio Analysis
    • Peer Comparison
    • Other Aspects from Financial Reports
    Corporate Actions13 topics
    • Philosophy of Corporate Actions
    • Dividend
    • Rights Issue
    • Bonus Issue
    • Stock Split
    • Share Consolidation
    • Merger and Acquisition
    • Demerger / Spin-off
    • Scheme of Arrangement
    • Loan Restructuring
    • Buyback of Shares
    • Delisting and Relisting of Shares
    • Share Swap
    Valuation Principles13 topics
    • Difference Between Price and Value
    • Why Valuations Are Required
    • Sources of Value – Earnings and Assets
    • Approaches to Valuation
    • Discounted Cash Flow (DCF) Model
    • Relative Valuation
    • Earnings-Based Valuation Metrics
    • Asset-Based Valuation Metrics
    • Relative Valuations - Trading and Transaction Multiples
    • Sum-of-the-Parts (SOTP) Valuation
    • Other Valuation Parameters in New Age Economy and Businesses
    • Objectivity of Valuations
    • Important Considerations in Business Valuation
    Fundamental Analysis of Commodities9 topics
    • Supply-Demand Dynamics of Commodities
    • Major Producers and Consumers of Commodities
    • Currency and Dollar Index Impact on Commodities
    • Correlation Between International and Domestic Markets
    • Crop Reports and Weather Reports
    • Inventory Data, Production & Consumption Trends
    • Macroeconomic Indicators Affecting Commodity Prices
    • Government Policies and Geopolitical Impacts
    • Hedging in Commodities
    Fundamentals of Risk and Return12 topics
    • Concept of Return of Investment and Return on Investment
    • Calculation of Simple, Annualized and Compounded Returns
    • Risks in Investments
    • Measuring Risk
    • Concept of Market Risk (Beta)
    • Sensitivity Analysis to Assumptions
    • Concept of Margin of Safety
    • Comparison of Equity Returns with Bond Returns
    • Calculating Risk-Adjusted Returns
    • Basic Behavioural Biases Influencing Investments
    • Pearls of Wisdom from Investment Gurus
    • Measuring Liquidity of Equity Shares
    Qualities of a Good Research Report3 topics
    • Qualities of a Good Research Report
    • Checklist-Based Approach to Research Reports
    • Sample Checklist for Investment Research Reports
    Legal and Regulatory Environment7 topics
    • Regulatory Infrastructure in Financial Markets
    • Important Regulations in Indian Securities Market
    • Code of Conduct for Research Analysts
    • Management of Conflicts of Interest and Disclosure Requirements
    • Exchange Surveillance Mechanisms: GSM and ASM
    • SEBI Investor Charter and Complaint Disclosure
    • Cybersecurity and Cyber Resilience Framework (CSCRF)
    Technical Analysis9 topics
    • Introduction to Technical Analysis
    • Introduction to Chart Types
    • The Dow Theory
    • Understanding Market Trends
    • Chart Reversal Patterns
    • Chart Consolidation Patterns
    • Support and Resistance
    • Trendlines and Channels
    • Technical Indicators

    A few things before you start

    Choose the pack because it fits your preparation.

    What is the pass guarantee?

    If you don’t pass your NISM XV exam, you get your money back. Email care@onequest.in with your result and we’ll process the refund.

    How many mock tests are included?

    You get 5 full-length mocks.

    What is the validity after purchase?

    You receive 2 months of full access. Most students finish prep in 7–10 days.

    Can I access the platform on mobile?

    Yes. It works smoothly on both mobile and desktop.

    What if I need help while preparing?

    Expert support is available for doubts, explanations, and concepts.

    What if I don't like it?

    You're covered with a 7-day money-back guarantee.

    Make your next
    study hour count

    Get my NISM XV prep pack
    7-day refundInstant access
    NISM XV Prep Pack
    ★★★★★4.7 (551 ratings)
    ₹499All inclusive