ZFunds

FREE NISM I Mock Test: Currency Derivatives Mock Test

Updated on July 18, 2026

Start Your NISM 1 Online Preparation at Zero Cost!

Unlock unlimited access to 500+ FREE NISM I Mock Tests Q&A with easy-to-understand explanations at ZERO cost,no hidden charges! Join the 9789+ successful candidates who have passed their Currency Derivatives exams with ZFunds. Start Mock Test Now!

NISM Currency Derivatives Mock Test

Unlock 500+ NISM 1 Mock Test Q&A Now at ZERO Cost!

By clicking on button you agree with Privacy Policy and Terms of use

image

Get Updates on WhatsApp and SMS

NISM I Mock Test/Currency Derivatives Mock Test 

NISM 1 - Currency derivatives mock tests are a powerful tool that helps you effectively prepare for the NISM Currency Derivatives Certification Exam. These mock tests mimic the real exam environment, helping you to understand question patterns, difficulty levels, and structure, which will improve your chances of being successful in your first attempt.

Know More About the NISM 1 Mock Test

Name of the ExamCurrency Derivatives Certification Examination
NISM Mock TestNISM I Mock Test
Exam Duration2 hours (120 minutes)
Total Questions100 MCQs
Maximum Marks100
Passing Marks60% (i.e., 60 marks)
Negative MarkingNo
Exam Fee₹1500 (all-inclusive)
Certificate Validity3 Years from the date of passing the exam
NISM Study MaterialOfficial NISM workbook (PDF format available)

Why ZFunds for FREE NISM I Mock Test?

We at Zfunds have created a dedicated and comprehensive NISM currency Derivatives mock test series tailored specifically for the NISM Series I module. Our question bank and practice nism mock tests are created to reflect the actual exam pattern and syllabus. Here's what you get:

  • 500+ high-quality multiple-choice questions with explanations for better preparation.
  • Realistic NISM 1 mock tests have been crafted with timer-based practice tests to mimic actual exam pressure.
  • Chapter-wise questions and answers that will help you focus on specific topics.
  • Concept-based video solutions and topic-wise tips.
  • 100% FREE access to mock tests at zero cost.
  • The question & answers have been updated with the NISM currency derivatives 2025 syllabus.

By solving these NISM Series 1 mock tests, you'll be better equipped to crack the NISM Series 1: Currency Derivatives Exam.

w to Prepare for NISM Series I Currency Derivatives Exam?

Preparing for the NISM Series I: Currency Derivatives Certification Exam can feel overwhelming, especially if you're new to forex or derivatives trading. But with the right strategy and free tools, you can simplify your preparation and maximize your score. Here are some simple yet effective steps for the preparation of the  exam using NISM Currency Derivatives Mock Tests:

  • Start by familiarizing yourself with the exam structure, i.e, 100 MCQs, 2 hours, 60% passing score, and 25% negative marking.
  • Study key topics like Basics of Currency Markets, Exchange-Traded Currency Derivatives, Clearing, Settlement & Risk Management, Regulatory Framework, etc. and understand them.
  • Take full-length online mock tests based on the latest 2025 exam pattern. These tests not only simulate the actual exam environment but also help build stamina, improve accuracy, and test your time management.
  • Download the official NISM study material and pair it with chapter-wise mock questions for maximum retention.
  • After each mock test, review your answers to identify your weak areas. Revisit those topics using short videos or targeted quizzes to deepen your understanding.
  • Stay updated with the latest changes in the currency derivatives market. Follow SEBI circulars, NSE/BSE guidelines, and key industry trends to stay exam-relevant.
  • Since the exam includes 25% negative marking for wrong answers, try not to answer the questions you are not sure about.
  • Stay calm and composed during the exam. Read each question carefully, attempt the easier ones first, and don’t panic if a few questions feel difficult.

Are Free NISM Common Derivatives Mock Tests Enough for Exam Preparation?

While mock tests are powerful tools for your exam preparation, but they work best when combined with study material. Many aspirants successfully pass the NISM Series 1 exam by first understanding the theory through the official workbook and then practicing mock tests.

ZFunds Free NISM 1- Common Derivatives Mock Tests are 100% free and are designed to mimic the actual exam format and cover every topic in depth. These are perfect for:

  • Last-minute revision
  • Self-assessment
  • Boosting time efficiency
  • Building exam-day confidence

Conclusion

If your aim is to build a career in India’s growing currency derivatives market, clearing the NISM Series I: Currency Derivatives Certification Exam is your gateway. At ZFunds, we provide completely free, high-quality preparation tools that include full-length mock exams, 500+ topic-wise questions, and study material. Whether you're just starting or making a last-minute push, ZFunds' free NISM mock tests can help you master the syllabus, track progress, and improve your score, so start practicing our Free NISM currency derivatives Mock test today.

Related Articles :