NISM NISM Series II-B: Registrar to an Issue and Share Transfer Agent – Mutual Fund
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Topics Covered in This Mock Test
- ✅ Mutual Fund RTA Operations
- ✅ Transaction Processing (Purchase/Redemption)
- ✅ NAV Cut-off Times
- ✅ SIP/STP/SWP Processing
- ✅ KYC & FATCA Compliance
- ✅ Investor Services & CAS
All questions are based on the official NISM Series II-B syllabus. Questions are shuffled on every attempt. Explanations are shown after each answer.
Why Use This Mock Test?
Simulates real exam conditions
Learn why each answer is correct
See which topics need more work
Different order every attempt
0.25 deduction — exactly like the real exam
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Frequently Asked Questions — NISM Series II-B
NISM Series II-B is required for professionals working as Registrar and Transfer Agents for mutual fund schemes — handling investor accounts, transaction processing, and investor servicing for AMCs.
CAMS (Computer Age Management Services) and KFintech are the two major RTAs in India, providing back-office services to multiple AMCs including investor records, transaction processing, and account statements.
For liquid and overnight funds, the cut-off time is 1:30 PM. Valid applications received before 1:30 PM get the previous day's NAV. After 1:30 PM, the same business day's NAV applies.