NISM NISM Series II-B: Registrar to an Issue and Share Transfer Agent – Mutual Fund

📝 35 Questions ⏱️ 120 Minutes 🎯 Pass: 50% ⚠️ Negative Marking: 0.25
▶ Start Free Mock Test Now

No login • No registration • 100% Free

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?

⏱️
Countdown Timer

Simulates real exam conditions

📖
Detailed Explanations

Learn why each answer is correct

📊
Topic-wise Analysis

See which topics need more work

🔀
Questions Shuffled

Different order every attempt

⚠️
Negative Marking

0.25 deduction — exactly like the real exam

🆓
Completely Free

No login, no payment, ever

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.

⚠️
Disclaimer: FreeNISMMockTest.com is not affiliated with NISM or SEBI. Mock tests are for practice only. Always study the official NISM workbook for authoritative content. Visit nism.ac.in to register for the actual exam.
▶ Start Mock Test — Free, No Login
View All NISM Exams →