NISM Depository Operations
NISM Series VI: Depository Operations
To call it “Series VI” because it is the sixth certification from the NISM, you can call it “Depository Operations.” There was a test that took place on February 21, 2011. It is the only exam for people who work in the field of depository operations, even if they work for a depository participant. This NISM Series VI exam is required, and it has been replaced by the old NSDL Depository Operations Module exam, which was no longer required. It can also be used as a replacement for the NSDL Depository Operations Module Mock Test, so it can be used both ways.
For people who work with depositories, clients, securities, investor complaints, risk management, record-keeping, and other people who work with these things. The exam is required by the SEBI (CAPSM) Regulations, which were made in 2007. For people who are taking the NISM Depository Operations Certification exam, our team has written a few questions and answers about the exam to help them.
Who is required to take the NISM Depository Operations Certification Exam?
The exam is meant to set a standard of knowledge for people who work for or are associated with a registered depository participant.
* actions that have an impact on operational risk or
* managing investor grievances,
* dealing with or interacting with customers,
* dealing with client securities,
* internal control or risk management,
* keeping books and records for the above actions
What does the NISM Depository Operations Certification Exam cover?
The following topics are covered in the NISM Depository Operations Certification Examination:
* The fundamentals of the Indian securities market and depository system, as well as the need for and important aspects of the Indian depository system.
* Institutional structure of India’s depository system and a depository’s commercial partners.
* The regulatory framework in which depositories and their designated persons (DPs) operate, as well as their eligibility criteria, registration procedure, rights and obligations, and so on.
* Dematerialisation, trading and settlement, pledging, and hypothecation are all tasks performed by the Depository and its Depository Participants (Dps).
* How to start a Demat account, the documents needed to do so, and the relevance of a Power of Attorney (POA).
Where can I have the NISM Depository Operations Study Material?
You can get a free soft copy of the NISM Depository Operations Study Material by going to our site. A physical copy of the study material for Depository Operations can be bought online. The book will be sent to your home address, and you can read it there.
The books can also be found in major bookstores across India, as well.
Where can I get NISM Depository Operations Mock Test?
Our website has a free Demo mock test for the NISM Series VI Depository Operations test. The mock test is made up of 25 sample questions and can be found by logging into our website.
Premium NISM Mock Test for the NISM Depository Operations Exam is also available for just Rs. 299/-. It includes 21 premium quality mock tests with 525 questions It takes 60 days for each NISM mock test to be valid, and you can take it Unlimited times during your subscription.
How can I register and enroll?
All NISM Certification Exams can be enrolled online via the NISM Certification Portal.
NISM Certification Portal Registration requires your
* Permanent Account Number (PAN),
* Scanned copy of your PAN Card,
* Soft Copy of your photograph,
* a valid email address and
* your basic details such as your
* Date of Birth,
* Educational Details,
* Employment Details, etc.
After completing the online NISM Registration form, you will receive an email with your NISM Registration Number and a link to activate your account. You’ll need to click the activation link after you’ve set up your NISM account. After you have activated your account, you can log in.
Follow the steps below after logging in with your email and password:
* Step 1: Exam Selection: Select the NISM Series VIII Equity Derivatives Certification Examination from the drop-down menu.
* Step 2: Make a Seat Reservation: Choose an Exam City, a Test Center, and a Date Range within which you want to take the exam.
* step 3: You will see how many Test Slots there are for the exam. You can choose the time that works best for you. Select one, then click “Enroll for the Examination” to sign up.
* Step 4: Pay: Please accept the terms and conditions and proceed with online payment via credit card, debit card, or internet banking. It will be made after you pay. You should bring this admit card and your original ID to the exam center 30 minutes before the start time.
PAN Card, Driving license, Passport, and Aadhar Card are the only acceptable ID cards.
What is the estimate structure for NISM Series VI?
What is the NISM Series VI syllabus?
Benefits of Passing NISM Series VI – Depository Operations Exam
NISM examinations have become one of the most significant exams for applicants seeking a good career in the securities industry. The NISM certification exams cover a wide range of topics, each with its own stream. The NISM Series VI test is based on the study of Indian stock markets and depositories.
One of the key benefits of obtaining depository operating certification is employment with a registered depository participant. This test provides you with crucial knowledge that will help you accomplish your job duties attentively.
The following are some of the advantages of taking this exam:
* Passing this exam with the required percentage shows that the candidate is familiar with the Indian securities market and the depository system.
* It will also show that he or she is familiar with the Indian depository system and its commercial partners.
* A person who takes this exam learns about the rules and principles of the depositories in which DPs work, their eligibility requirements, how to register, and other rights and responsibilities.
* Understand how the Depository and its Depository Participants (DPs) do their jobs, such as dematerialization, trading and settlement, pledging, and hypothecation, to help you better understand them.
* How a Demat account is opened, what documents are needed to open an account, and the importance of a Power of Attorney are things you should know (POA).
If you want to do well on an exam, you need to study hard. It all comes down to what kind of practice material you used for your exam preparation. The most important thing is to find a good study guide. you can use the Depository Operations Mock Test by iexamworld on https://www.nism.iexamworld.com/