NISM AcademySEBI Investor Awareness Test Investor Awareness Test (Level 1): exam pattern, syllabus and how to register
A free test from SEBI and NISM on the basics every investor should know. The SEBI Investor Awareness Test (Level 1) is a free test introduced by SEBI with NISM to build financial literacy. It covers saving, budgeting and inflation, government schemes, how the securities market is organised, investment risks and how to manage them, and investors’ rights and how to resolve disputes. It is available in English, Hindi, Marathi, Punjabi, Odia and Kannada.
SEBI Investor Awareness Test exam pattern at a glance
- Questions
- 25
- Duration
- 60 minutes
- Total marks
- 25
- Passing score
- 40% (10/25)
- Negative marking
- None
- Exam fee
- Free
- Certificate valid
- 3 years
Multiple-choice questions worth 25 marks, taken online. Fees and pattern are set by NISM and can change, so confirm on the official SEBI Investor Awareness Test page before you book.
Who should take SEBI Investor Awareness Test?
Anyone who invests or is about to start: students, first-time investors and families managing their savings. No job requirement.
Why you need it: Not a job requirement. A free way to check your basics before you invest, with a certificate valid for 2 years.
SEBI Investor Awareness Test syllabus: 7 chapters
- Saving, budgeting & inflation
- Government savings schemes
- How the securities market works
- Intermediaries & regulators
- Investment risks
- Managing risk
- Investor rights & grievances
How to prepare for SEBI Investor Awareness Test
It is free and short. Go through each topic once, practise, then take it. The pass mark is 40%.
SEBI Investor Awareness Test mock tests are coming soon
We are building exam practice one series at a time and start with the most requested. Tell us you want SEBI Investor Awareness Test: it takes one tap and needs no sign-up.
Request SEBI Investor Awareness TestSEBI Investor Awareness Test FAQs
What is SEBI Investor Awareness Test?
SEBI Investor Awareness Test is the Investor Awareness Test (Level 1) Certification Examination conducted by the National Institute of Securities Markets. Not a job requirement. A free way to check your basics before you invest, with a certificate valid for 2 years.
How many questions are in SEBI Investor Awareness Test?
The exam has Multiple-choice questions worth 25 marks, taken online, for a total of 25 marks. You get 60 minutes.
What is the passing score for SEBI Investor Awareness Test?
You need 40%, which is 10 out of 25 marks.
Is there negative marking in SEBI Investor Awareness Test?
No. There is no negative marking, so attempt every question.
How should I prepare for SEBI Investor Awareness Test?
It is free and short. Go through each topic once, practise, then take it. The pass mark is 40%.
How do I register for SEBI Investor Awareness Test?
Create an account on NISM’s certification portal, choose the exam, pick a test centre or remote-proctored slot, and pay the fee online. NISM Academy can’t register you; we link you to the official portal.
How long is the SEBI Investor Awareness Test certificate valid?
Three years from the date you pass.