Revision of NISM Series-III-B: Issuers Compliance Certification Examination w.e.f May 24, 2018

The examination aims to enable a better understanding of various compliances which needs to be adhered to by associated persons working as compliance officers in listed companies.

Examination Objectives:

On successful completion of the examination the candidate should:

Assessment Structure

The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 60%. There shall be negative marking of 25% of the marks assigned to a question.

Test Details

Name of Module: NISM-Series-III-B: Issuers Compliance Certification Examination

Fees (Rs.)

Test Duration (in minutes)

No. of Questions

Maximum Marks

Pass Marks* (%)

Certificate # Validity (in years)







*: Negative marking - 25% of the marks assigned to the question

+Payment gateway charges extra.

# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.