Online Mock Test- NISM-Series-IX: Merchant Banking Exam Preparation Mock Test with 1500 Question Bank Correct Answer & Detail Explanations

NISM-Series-IX: Merchant Banking Exam Preparation Mock Test with 1500 Question Bank Correct Answer & Detail Explanations

Online Mock Test - ENROLL NOW


NISM-Series-IX: Merchant Banking Exam Preparation Mock Test

Supercharge Your Preparation for the NISM-Series-IX: Merchant Banking Exam! Are you ready to ace your NISM-Series-IX: Merchant Banking Certification Examination with flying colors? Look no further! Our meticulously crafted Online Mock Test is here to empower your journey towards success.

Comprehensive Coverage: Our mock test rigorously covers all the Test Objectives & Learning Outcomes outlined by NISM, ensuring you're fully equipped for the exam.

Detailed Explanations: Each question in our mock test is accompanied by correct answers and detailed explanations. Understand the concepts thoroughly and enhance retention through comprehensive explanations.

Chapter-Based Questions: Easily recall relevant concepts with questions categorized by chapter numbers. Instantly identify and reinforce your understanding of key areas related to each chapter.

Strengthen Weak Areas: At the end of each mock test, we provide insights into the Knowledge areas from which the questions were derived. Identify weak areas and focus your efforts on strengthening them for optimal performance.

Unlock Your Potential: Empower yourself with the knowledge and confidence needed to excel in the Merchant Banking. Our mock test is your pathway to success!

Boost Your Confidence: Practice with confidence knowing you're familiar with the legal framework, operational mechanisms, and technology implementations relevant to the Merchant Banking Operations landscape.

Don't let this opportunity slip away. Invest in your future success now and embark on your journey towards becoming a certified Merchant Banking professional. Unlock your potential with our Online Mock Test!

Special Note: Time to time we keep running various discount offer for our online mock test. Please visit Author’s Website to check if any special discount code or fixed price discount code for this month.

GurukulOnRoad - Empowering Aspirants, Transforming Futures.

NOTE: This Mock Test is part of our printed book with 2200+ Question Bank along with additional learning resources, available on all leading eCom platforms. Visit Author’s website for more information.

BOOK NAME: NISM-Series-IX: Merchant Banking Exam Preparation Guide with 2200+ Question Bank.

Online Mock Test - ENROLL NOW


NISM Workbook Version: May 2023 used as reference to develop this Mock Test

1. Introduction to Capital Market

Participants in Indian Securities Market

Products in Indian Securities Market

Regulators in Indian Securities Market

Role of Investment Banker in Private Equity

Structure of the capital market

2 . Introduction to the Merchant Banking

Concept and evolution of merchant banking

Core Regulation Delisting of Equity Shares Regulations, 2021

Core Regulation Prohibition of Insider Trading Regulations, 2015

Core Regulation SCRR, 1957

Core Regulation SEBI (Buy-Back of Securities) Regulations, 2018

Core Regulation SEBI Act, 1992

Core Regulation SEBI LODR Regulations 2015

Core Regulation SEBI MB Regulation 1992 & SEBI ICDR Regulation 2018

Core Regulation SEBI SAST Regulations, 2011

Merchant Banking in the International Scenario

Support Regulation AIF Regulations, 2012

Support Regulation CAPSM Regulations, 2007

Support Regulation Companies Act, 2013

Support Regulation Competition Act, 2002

Support Regulation Depositories Act, 1996 & SEBI DP Regulations, 2018

Support Regulation FEMA 1999

Support Regulation Foreign Portfolio Investors Regulations, 2019

Support Regulation Investment Adviser Regulations, 2013

Support Regulation PMLA 2002

Support Regulation Research Analyst Regulations, 2014

Support Regulation SEBI (Bankers to an Issue) Regulations, 1994

Support Regulation SEBI (Intermediaries) Regulations, 2008 & SBEBSE Regulations, 2021

Support Regulation SEBI ILNCS Regulations, 2021

Support Regulation SEBI InvIT Regulations, 2014

Support Regulation SEBI REIT Regulations, 2014

Support Regulation SEBI RTA Regulations, 1993

3. Registration, Code of Conduct & General Obligations of Merchant Bankers in India

Becoming a merchant banker

Code of Conduct for Merchant Bankers

Eligibility Criteria of MB

General obligations and Responsibilities of MB

Redressal of Investor Grievances and SCORES

Registration, Renewal Fees & Validity of MB

4. Issue Management – Important Terms

Various terms related to Offering

Online Mock Test - ENROLL NOW

5. Issue Management - Process and Underwriting

Allotment, Refund and Payment of Interest

Draft Offer Document and offer document to be made public

Due Diligence and Preparation of Offer Document

Filing of Offer Document



Issuance Conditions and Procedures

Issue Management

Listing Approvals from Stock Exchange

Obligation of stock exchange(s) relating to in-principle approval as under

Obligations Relating to Issues

Opening, Closing and Listing of an issue

Post Issue Functions, Reporting and Compliance

Preparation of Offer Document

Pricing of Issue


6. Issue Management - General Obligations of Merchant Bankers and Due Diligence

Disclosures relating to Group Companies & Litigations

General Information Document (GID)

General Obligations of MB

Identification of Promoters and Promoters Group

Indian Depository Receipts

Lock-in of Specified Securities


Pricing and Restrictions on Allotment

Qualified Institutional Placement

Reservation in IPO’s

Rights issue

7. Other Merchant Banking Activities - Mergers, Acquisitions & Takeovers

Mergers, Acquisitions & Takeovers

Role of MB in Mergers, Acquisitions & Takeovers

SEBI SAST Regulation 2011

8. Other Merchant Banking Activities - Disinvestment, Buyback of Equity Shares


Obligation of MB under Issue and Listing of Debt Securities

Obligations of Merchant Banker in Buy back of Equity Shares

Role of MB in in Delisting of Shares

Role of MB in in Issue and Listing of Debt Securities

Role of MB in Share Based Employee Benefits & cases where exit opportunity is required to be given to dissenting shareholders

Role of MB in SME

Role of Merchant Banker in Buy back of Equity Shares

Online Mock Test - ENROLL NOW

Who this course is for:

  • In order to create a common minimum knowledge benchmark for employees working with SEBI registered Merchant Bankers and performing various SEBI regulated functions such as those relating to IPO, FPO, Open offer, Buy-back, Delisting etc., and are involved in, or deal with any of the following:
  • The investors, issuers or clients of intermediaries
  • Assets or funds of investors or clients
  • Redressal of investor grievances
  • Internal control or risk management
  • Activities having a bearing on operational risk
  • Maintain books and records pertaining to above activities
  • Students
  • Stick Market Professionals
  • Investment Bankers
  • Merchant Banking Professionals
  • Mutual Fund Professionals
  • MBA Finance Students
  • Aspiring Students for Career in Investment Banking & Merchant Banking
  • The exam will further seek to ensure basic understanding of various aspects of capital market functions, the processes involved in various functions of registered Merchant Bankers and the regulatory environment in which it operates.

Online Mock Test - ENROLL NOW