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FREE NISM XB Mock Test– Investment Adviser (Level 2) Mock Test

Updated on July 18, 2026

Start Your Free NISM Investment Adviser Preparation Online!

ZFunds provides 350+ FREE NISM XB Mock Tests Q&A for Investment Advisors at ZERO cost with unlimited access! Trusted by 5678+ successful candidates. 100% success guaranteed. Start your prepartion with nism XV mock test now. 

FREE NISM XB Mock Test (Level 2)

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What is NISM XB Mock Test ?

A NISM XB mock test is a practice exam that is designed to closely mirror the actual Investment Adviser (Level 2) exam. It follows the latest exam syllabus, exam pattern, and difficulty level. These mock tests help candidates gain hands-on experience with case-based and application-oriented questions that are central to the Level 2 exam.

Know More About the NISM XB Mock Test

Exam NameInvestment Adviser (Level 2) Certification Examination
Mock TestNISM XB – Investment Adviser (Level 2) Mock Test
Test Duration2 Hours (120 Minutes)
Number of Questions90 MCQs (1 mark each) + 6 Caselets (10 marks each)
Maximum Marks150
Passing Marks60%
Negative Marking25% marks deducted for wrong answers
Certificate Validity3 Years
Study Material 

ZFunds Free NISM Series XB Mock Test

At ZFunds, we provide a complete and exam-oriented mock test series, specifically prepared for the NISM XB Investment Adviser (Level 2) syllabus. Our mock test series is based on the actual format and difficulty level of the exam, and will help candidates pass the exam on their first attempt with confidence.

Key Features:

  • 400+ high-quality MCQs questions with concept-based explanations
  • Full-length mock tests with timer simulation
  • Case Study and Application-based questions
  • Chapter-wise practice for effective preparation
  • Updated as per the latest NISM XB syllabus
  • 100% FREE access – no subscription fees or charges

Our mock test series will help candidates enhance their analytical skills, conceptual understanding, and accuracy in exams, which are essential for Level 2.

How to Prepare for NISM Series XB Exam Using Free Mock Tests?

A smart and effective preparation plan can make clearing Level 2 much simpler:

  • Understand the pattern and syllabus of the exam
  • Prepare concepts from the NISM XB workbook/study material
  • Emphasize application-based learning instead of memorization
  • Practice full-length mock tests to enhance speed and decision-making
  • Analyze performance in mock tests to know areas of improvement
  • Prepare concepts from chapter-wise questions and explanations
  • Avoid guessing answers because of negative markings for 25% of questions
  • Stay calm and focus on accuracy during the exam

Conclusion

If your aim is to become a successful SEBI-registered Investment Adviser, then passing the NISM Series XB: Investment Adviser (Level 2) Exam is an important step ahead. At ZFunds, our aim is to ensure that everyone can prepare for the NISM exam effectively. This is why we offer FREE NISM XB mock tests, question banks, and concept-based learning tools—all for free.

Whether you are appearing for the Level 2 exam for the first time or preparing for a reattempt, our mock tests will help you enhance concepts, fill knowledge gaps, and increase your chances of passing.

Begin practicing the Free NISM Series XB Mock Test today and move ahead confidently towards your investment advisory services career.

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