NISM Series 6 (VI) Depository Operations Certification Examination (NSDL/DOCE)
NISM Series 6 Mock Test
(Free Demo & Premium)
How to Prepare for DOCE Exam?
Key Exam Details
- Duration 120 Minutes
- Questions 100 (1 mark each)
- Passing Score 60 Marks (60%)
- Negative Marking 25% (0.25 mark)
- Certificate Validity 3 Years
Frequently Asked Questions
People refer to NISM Depository Exam by different names like NISM 6, NISM VI, NISM Series VI, CDSL Exam,
NSDL Exam, DP Exam, Demat Exam, DP Certification Exam etc.
Persons engaged or employed by a registered depository participant in:
- Dealing or interacting with clients
- Dealing with securities of clients
- Handling redressal of investor grievances
- Internal control or risk management
- Activities having a bearing on operational risk
- Maintenance of books and records pertaining to the above activities
You can attend NISM Depository Operations CPE for 1 day before the expiry of the certificate and renew it. No need to take the exam again if renewed in time. Candidates whose certificate has expired must take the NISM Series VI DOCE Exam again.
- Basics of the Indian security market and depository system.
- Business partners of a Depository: DPs function, eligibility, registration, rights and obligations.
- Functions of Depository and DPs: Dematerialization, trading and settlement, pledging and hypothecation.
- Process of opening a demat account, documents required, and significance of Power of Attorney (POA).
Registration: NISM Website
Study Material: Click here for NISM 6 Study Notes (27 pages summary based on NISM Workbook). Candidates are also advised to go through the official NISM Workbook.
Exam Dates & Centres
Registration
Procedure
Syllabus & Weightage
| NISM DOCE Syllabus | Weightage |
|---|---|
| 1: Introduction to Securities Market | 5% |
| 2: Introduction to Depository | 10% |
| 3: Depository and its business partners | 12% |
| 4: Functions of DP - Account Opening | 12% |
| 5: Functions of DP- Account Operations | 3% |
| 6: Functions of DP - Transmission & Nomination | 5% |
| 7: Functions of DP - Dematerialization | 9% |
| 8: Functions of DP - Trading and Settlement | 13% |
| 9: Functions of DP - Pledge and Hypothecation | 10% |
| 10: Functions of DP - Corporate Action & Public Issues | 7% |
| 11: Functions of DP - Debt and Government Securities | 10% |
| 12: Additional Services - Foreign Portfolio Investor | 2% |
| 13: Investor Services | 2% |
Detailed Syllabus
Unit 1: Introduction to the Capital Market
Introduction to Capital Market
- Regulatory environment in Indian
capital market
- Regulators in the Indian Capital
market
Unit 2: Introduction to Depository
- Need for a depository system
overview
- Legal framework of depositories
in India
- Functions of a depository
Unit 3: Depository and its business partners
- Depository participants (DPs)
- Clearing Corporation (CC)
- Issuers and Registrar and
Transfer Agents
Unit 4: Functions of DP - Account Opening
- Types of account a person can
open with a DP
- Beneficiary Account & Clearing
Member Account
- Closure and Freezing of account
- Changes in client details
- Accreditation of Investors
(Innovators Growth Platform)
Unit 5: Functions of DP - Account Operations
- Basic Services Demat Account
(BSDA)
- Operation of a Joint Account
- Internet Based Depository
Operations (NSDL/CDSL)
Unit 6: Functions of DP - Transmission & Nomination
- Concept of Transmission of
Securities
- Concept of Nomination of
Securities
Unit 7: Functions of DP - Dematerialization
- International Securities
Identification Number (ISIN)
- Dematerialization Process
- Rematerialisation process
- Destatementization &
Restatementization process
Unit 8: Functions of DP - Trading and Settlement
- Security settlement in
off-market transactions
- Settlement of Market
Transactions
- Interoperability
- Subscription/Redemption of
Mutual Fund Units
- Handling of Clients' Securities
by TM/CM
Unit 9: Special Services - Pledge and Hypothecation
- Concept of pledge and
hypothecation
- Procedure for pledge and
hypothecation
- Recording of Non Disposal
Undertaking (NDU)
Unit 10: Special Services - Public Offering /Corporate Action
- Concept of corporate actions
- Procedure for Corporate Action
- Public Issue
Unit 11: Special Services - Debt Instruments and Government Securities
- Certificate of Deposit (CDs)
- Commercial Paper
- Government Securities
Unit 12: Foreign Portfolio Investor
- Eligibility Criteria and
categories of FPI
Unit 13: Investor Services
- Redressal of Complaints through
Scores
- Transfer of Shares to Demat
Account of IEPF Authority