NISM XV Research Report & Analyst Role — Practice Questions
Questions on the research report, the role and responsibilities of a research analyst, disclosures and best practices for the NISM Series XV certification.
127 questions on Research Report & Role in the ScoreSetu bank — each with a detailed explanation and, where useful, a memory hook.
What this topic covers
- Structure of a research report
- Analyst responsibilities
- Disclosures & conflicts of interest
- Recommendation framework
Free sample questions
1. As per the SEBI (Research analyst) Regulations, who is qualified to be registered as a research analyst ?
- A. Only Graduates
- B. Only Post-Graduates
- C. Only Chartered Accountants
- D. All of the above are qualified ✅
Answer: D — All of the above are qualified
Why: As per the SEBI (Research Analysts) Regulations, 2014, amended up to 2024, all of the above are eligible to be registered as a research analyst. Prior to the amendment in 2024, graduates were not eligible for this.
💡 Qualification: post-2024 amendment, GRADUATES too are eligible -> 'All of the above'.
2. Which of these can lead to failure of a research report?
- A. Complicated language
- B. Inconsistent views
- C. Unnecessary details
- D. All of the above ✅
Answer: D — All of the above
Why: A few reasons for failure of a research report are : - Unnecessary details - Long sentences - No proper structure - Inconsistent views - Complex language
3. Which of these is true with respect to Regulation 16 of the Code of Conduct for Research Analysts?
- A. Research analyst shall not deal or trade in securities that they recommends within thirty days before the publication of a research report ✅
- B. Research analyst shall not deal or trade in securities that they recommends within sixty days before the publication of a research report
- C. Research analyst shall not deal or trade in securities that they recommends within seven days before the publication of a research report
- D. Research analyst shall not deal or trade in securities that they recommends within fortyfive days before the publication of a research report
Answer: A — Research analyst shall not deal or trade in securities that they recommends within thirty days before the publication of a research report
Why: As per Regulation 16 of the Code of Conduct for Research Analysts : 'Independent research analysts, individuals employed as research analyst by research entity or their associates shall not deal or trade in securities that the research analyst recommends or follows within thirty days before and five days after the publication of a research report'.
💡 Qualification: post-2024 amendment, GRADUATES too are eligible -> 'All of the above'.
Practise all 127 Research Report & Role questions
Plus the full 620-question bank and real-feel mock exams.