What is the NISM 2B exam?
The NISM Series II (B): Registrars and Transfer Agents (Mutual Fund) Certification Examination is the requisite standard for associated persons working in Registrar to an Issue and Share Transfer Agent (R&T agent) organizations who handle the mutual fund R&T function. It is conducted by the National Institute of Securities Markets (NISM) and creates a common minimum knowledge benchmark for better investor service, operational process efficiency, and risk controls in mutual fund R&T operations.
What this practice test covers
- Basics of securities and securities markets
- Role and functions of Registrars & Transfer Agents in the mutual fund issuance and transaction process
- Processing of mutual fund applications, redemptions, and transactions
- Investor servicing and grievance handling
- Regulatory environment governing RTAs in India
Passing the NISM 2B exam
NISM 2B is a 100-mark computer-based test of 100 questions (1 mark each) to be completed in 2 hours, with a passing score of 50%. There is no negative marking on this exam. NISM can revise its criteria, so always verify the current passing marks and exam structure on nism.ac.in before registering.
Why practice with mock tests
Reading the official workbook builds conceptual understanding, but a timed mock test reveals what you can actually answer under exam conditions. Full-length mocks help you get comfortable with question style and pacing, surface the topics you keep getting wrong, and remove surprises on exam day.