NISM Series XVII: Retirement Adviser Certification — Free Online Mock Test

NISM Series XVII exam at a glance

NISM Series XVII key facts & eligibility

Who is eligible for NISM Series XVII?

Taken by retirement advisers and their representatives registered with the PFRDA.

Last verified July 2026 against NISM — Retirement Adviser. Always confirm current details on the official website before you register.

NISM Series XVII section breakdown

The NISM Series XVII mock test on Wrexa Edge replicates the real exam's section structure — same names, same question count per section, same time limits. No inter-section breaks — the timer runs continuously.

• NISM Series XVII (50 Q)
  50 questions · 120 minutes · ~144 sec/question

NISM Series XVII scoring & marking scheme

Strategy: NISM Series XVII has no negative marking. Attempt every question — blank answers cost you potential marks but cannot pull your score down.

Scale: NISM Series XVII (pass 700/1000).

How NISM Series XVII is conducted

• Mode
  Proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow (face detection, room scan, fullscreen lock, tab-switch detection).
• Test format
  Linear / fixed-form — every candidate sees the same number of questions per section.
• Backtracking
  Allowed — you can revisit and change answers within a section.
• Mark for review
  Available — flag tough questions and return to them before submitting the section.

NISM Series XVII time strategy

With 50 questions in 120 minutes, you have about 144 seconds per question on average. Successful candidates aim for the following pacing on each section:

• NISM Series XVII (50 Q)
  Target ~144 sec/question. If a question takes more than 216 seconds, mark for review and move on.

Wrexa Edge's analytics show your actual time-per-question after every mock so you can spot which sections you're losing time on.

NISM Series XVII topics covered

Across the 50 Wrexa Edge variants of NISM Series XVII, the following topics appear most often (sample distribution from one variant):

NISM Series XVII (50 Q)

• Equity derivatives · 8
• Research · 6
• Technical analysis · 5
• Instruments · 4
• Mutual funds · 4
• Depository · 4
• Primary market · 3
• Interest-rate derivatives · 3

NISM Series XVII difficulty calibration

Intermediate tier. Intermediate-level: assumes a working command of the syllabus. Most candidates need 2-4 months of focused prep.

NISM Series XVII: Retirement Adviser Certification · ~100 MCQ in 2h, pass 60%. Retirement planning, NPS & pension products, asset allocation, inflation & longevity risk, and adviser conduct. · Official language: English & Hindi.

Verified content — Wrexa Edge's NISM Series XVII bank has been deeply curated with real exam-aligned content (estimated 100% syllabus coverage).

How Wrexa Edge prepares you for NISM Series XVII

• Real test-day interface
  Our cert skin mirrors the actual NISM Series XVII testing software — same timer, palette, tools, and navigation.
• 50 distinct variants
  2500 unique practice questions, each variant a fresh test — not just shuffled options.
• Detailed analytics
  Scaled score, section accuracy, topic-wise heatmap, time-per-question — see where to focus after every attempt.
• Spaced repetition (Notebook)
  Wrong answers and flagged questions flow into an SM-2 spaced-repetition deck so you actually retain what you learn.
• Optional proctoring
  Browser-based face-api detection (no install) — turn it on to simulate real NISM Series XVII test-day conditions.
• Free to start
  No credit card. Sign up, pick a variant, and your first NISM Series XVII mock starts in under a minute.

Expert take: what NISM Series XVII really tests

The NISM Series XVII: Retirement Adviser Certification Examination, from NISM (SEBI’s educational body), is for retirement advisers registered under the PFRDA (Retirement Adviser) Regulations, 2016 — note the regulator here is the PFRDA. It has 100 multiple-choice questions of 1 mark each (100 marks) in 2 hours, with 25% negative marking and a passing score of 60%. The certificate is valid for 3 years.

NISM Series XVII study plan

A phase-by-phase roadmap from your first concept to test-ready. Stretch or compress each phase to fit the time you have before your attempt.

Where NISM Series XVII can take you

A strong NISM Series XVII result opens up these careers and higher-study paths:

• Registered Retirement Adviser
  Series XVII qualifies retirement advisers registered with the PFRDA.
• Pension advisory
  A required qualification for advising on the NPS and retirement planning.

Best books & official prep for NISM Series XVII

• NISM Series XVII workbook — NISM
  Official workbook for the Retirement Adviser exam.
• Retirement Adviser practice tests — Various
  100 questions; pass 60%; 25% negative marking.

Official practice: Study the official NISM Series XVII workbook on retirement planning and the NPS; the passing score is 60% with 25% negative marking.

Previous-year papers: NISM publishes the workbook and sample questions.

Frequently asked questions

What is the NISM Series XVII exam pattern?

NISM Series XVII: Retirement Adviser Certification contains 50 questions across 1 section: NISM Series XVII (50 Q). Total duration is 120 minutes (about 144 seconds per question).

Does NISM Series XVII have negative marking?

No — NISM Series XVII has no negative marking. Each correct answer is worth 1 mark, so attempt every question.

How is NISM Series XVII scored?

Scaled score range: 100 to 1000. NISM Series XVII (pass 700/1000).

How can I practise NISM Series XVII online for free?

Wrexa Edge gives you 10 free full-length NISM Series XVII mock tests — with instant scoring, detailed explanations and analytics — plus 40 more with Pro. Start practising in under a minute, no card required.

What is the difficulty level of NISM Series XVII?

NISM Series XVII is rated Intermediate difficulty on Wrexa Edge. Intermediate-level: assumes a working command of the syllabus. Most candidates need 2-4 months of focused prep. NISM Series XVII: Retirement Adviser Certification · ~100 MCQ in 2h, pass 60%. Retirement planning, NPS & pension products, asset allocation, inflation & longevity risk, and adviser conduct. · Official language: English & Hindi.

How long is the NISM Series XVII exam?

NISM Series XVII runs for 120 minutes total. On Wrexa Edge the timer is enforced exactly as on the real exam — including no inter-section breaks.

What topics are covered in NISM Series XVII?

NISM Series XVII is split into: NISM Series XVII (50 Q). Each section is timed and weighted separately. NISM Series XVII: Retirement Adviser Certification · ~100 MCQ in 2h, pass 60%. Retirement planning, NPS & pension products, asset allocation, inflation & longevity risk, and adviser conduct. · Official language: English & Hindi.

What tools or aids are allowed during NISM Series XVII?

No special tools are required. Note: real exam is proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow you can enable.

Is the NISM Series XVII test adaptive?

No — NISM Series XVII is a fixed-form (linear) test. Every candidate sees the same number of questions per section.

How many NISM Series XVII mock tests does Wrexa Edge offer?

Wrexa Edge generates 50 distinct NISM Series XVII variants — each with different question content, not just shuffled options — the first 10 free for everyone and 40 more with Pro. That's 2500 unique practice questions in the real test-day interface.

Is there a free NISM Series XVII test series 2026?

Yes. The Wrexa Edge NISM Series XVII test series for 2026 gives you 10 free full-length mock tests (50 in total) plus subject-wise and topic-wise tests — instant scoring and detailed analysis, no card required.

Are NISM Series XVII previous year question–style papers included?

Every NISM Series XVII mock is modelled on the official exam pattern and the style of previous years' papers — the same 50-question structure, sections and marking — so your practice mirrors the real paper you'll sit.

Which is the best free NISM Series XVII mock test online?

Wrexa Edge's NISM Series XVII mock test replicates the real exam interface, timing and marking scheme, with instant score, section-wise analysis and 50 fresh variants — a strong free choice for 2026 preparation.

Can I take the NISM Series XVII mock test on mobile?

Yes. NISM Series XVII mock tests run in any browser on mobile, tablet or desktop — no app or download needed. Start on your phone and your progress and analytics sync when you sign in.

What is the NISM Series XVII syllabus?

The NISM Series XVII syllabus maps to its 1 section: NISM Series XVII (50 Q). Wrexa Edge's mock tests cover the complete syllabus topic by topic — see the topics-covered breakdown above — so you practise every area at real exam difficulty.

What is the eligibility for NISM Series XVII?

Eligibility for NISM Series XVII — age, qualification and number of attempts — is set by the official conducting body and can change each cycle, so always confirm the current official notification before applying. Wrexa Edge focuses on realistic NISM Series XVII practice: 10 free full-length mocks in the exact exam pattern, ready whenever you are.

When is the NISM Series XVII exam and how should I prepare?

Official NISM Series XVII exam dates are announced by the conducting body for each cycle — check the latest notification for the current schedule. To be ready, follow a phased study plan and take full-length timed mocks; Wrexa Edge gives you 10 free NISM Series XVII mocks with instant scoring so you can track your readiness week by week.

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