1. Exam Overview
- Type: Computer-based, Multiple Choice Questions (MCQs)
- Total Questions: 100 (each carrying 1 mark)
- Total Marks: 100
- Duration: 2 hours (120 minutes)
- Passing Marks: 60 (60%)
- Negative Marking: 0.25 marks deducted for each wrong answer
- Certificate Validity: 3 years post-passing
2. Syllabus & Weightage by Chapter 📊
Based on the official syllabus outline, the weightage is as follows:
| Chapter / Unit |
Weightage |
| Basics of Derivatives |
~8% |
| Understanding Index |
~2% |
| Forwards and Futures |
~25% |
| Options |
~25% |
| Option Trading Strategies |
~3% |
| Trading Systems |
~4% |
| Clearing & Settlement System |
~13% |
| Legal & Regulatory Environment |
~15% |
| Accounting & Taxation |
~3% |
| Sales Practices & Investor Protection Services |
~2% |
3. What to Expect in the Exam
- All questions are MCQs, randomly presented on-screen.
- No partial marks—select the best answer.
- Time management is critical—you have approximately 1.2 minutes per question.
- With negative marking, avoid blind guessing—answer only when you can eliminate at least one option.
- Syllabus-heavy on Futures & Options, as they make up ~50% of the exam. Give these topics the most study time!
- Regulatory and Clearing topics (chapters 7 and 8) also have significant weight—don’t overlook them.
- Sales practices and accounting are brief sections but frequently have direct theoretical questions—dedicate quick revision.
4. Tips Aligned with Exam Pattern ðŸ§
- Start with a strong foundation: Master the concepts of Futures, Options, and Index.
- Practice numerical problems (e.g., margin, payoff, basis).
- Use payoff charts—these questions often test your visual understanding.
- For theory-heavy chapters (Legal, Accounting, Sales), use flashcards or summaries for quick recall.
- Simulate exam conditions: Pace yourself to complete 100 questions in 120 minutes.
- Review your mock test strategy: Skip very tough questions, mark them, and return if time permits.