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Series XXIV · Beginner

AML and CFT Provisions

Awareness of anti-money laundering and counter-terror-financing rules for employees of market intermediaries.

Educational content only. VIA Capital does not provide buy/sell calls, tips, or personalized advice. Always do your own research.

Questions

50

Duration

60 min

Pass mark

50%

Negative marking

None

Exam fee

₹885 + payment gateway charges

Validity

3 years

Why this certification matters

Awareness of anti-money laundering and counter-terror-financing rules for employees of market intermediaries.

Who should take it: Employees of securities market intermediaries.

How VIA Capital preparation works

One clear path. Built for students, and built for discipline.

  1. Step 1

    Read

    Slide through the study book chapter by chapter.

  2. Step 2

    Practise

    Chapter questions with answer and explanation.

  3. Step 3

    Chapter tests

    Beginner and advanced tests for each chapter.

  4. Step 4

    Full mock sets

    100-question papers in a real exam screen.

  5. Step 5

    Review

    See every mistake and why, then improve.

Why prepare with VIA Capital

Student first

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Every answer explained

If you get one wrong, you learn why.

Help on every question

Report anything confusing, our team fixes it.

Honest

Independent practice. We never claim to be NISM or promise a pass.

Practice pass · NISM Series XXIV

Everything you need to prepare, in one pass

  • Digital study book, read chapter by chapter
  • Chapter-wise questions to understand every chapter
  • Chapter tests, beginner and advanced
  • Full mock sets as questions are added
  • Answer and explanation for every question
  • Real exam screen with timer and question palette

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11 days access · one series · incl. taxes

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The official NISM exam fee is paid separately to NISM.

Where it takes you

Covers anti-money laundering and counter-terror-financing rules in securities markets.

Intermediary employeesKYC and AML teams

Roles are common examples. Whether a certification is required for a role depends on SEBI rules and the employer; confirm on nism.ac.in.

Full syllabus · 8 chapters

Matches official NISM curriculum · checked 30 September 2026
  1. 1Chapter 1Introduction to Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)
    1. 1.1Introduction
    2. 1.2Process of Money Laundering
    3. 1.3Global initiatives towards Anti Money Laundering Laws
    4. 1.4Indian initiatives towards Anti Money Laundering Laws
  2. 2Chapter 2Prevention of Money Laundering Act, 2002
    1. 2.1Prevention of Money Laundering Act, 2002 (PMLA)
    2. 2.2Maintenance of records and furnishing of reports to FIU-IND
    3. 2.3Main Authorities entrusted for investigations
  3. 3Chapter 3The Prevention of Money-laundering (Maintenance of Records) Rules, 2005
    1. 3.1Introduction to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005
    2. 3.2Maintenance of Records of Transactions
    3. 3.3Digital Know Your Customer (KYC) Procedure
  4. 4Chapter 4Scheduled Offences
    1. 4.1The Concept of Offence
    2. 4.2List of Scheduled Offences
  5. 5Chapter 5Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF) Guidelines
    1. 5.1Introduction to AML & CFT Guidelines
    2. 5.2The AML/CFT/PF Guidelines
  6. 6Chapter 6SEBI Guidelines for Anti Money Laundering (AML) Standards, Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)
    1. 6.1Introduction to SEBI Guidelines on AML, CFT and PF
    2. 6.2Written Anti Money Laundering Procedures
  7. 7Chapter 7SEBI Guidelines for KYC Norms in Securities Market
    1. 7.1SEBI guidelines for KYC norms
    2. 7.2Features for online KYC App of the Intermediary
    3. 7.3KYC for SARAL Account Opening Form for resident individuals
    4. 7.4Know Your Client (KYC) Registration Agency
    5. 7.5Guidelines for Intermediaries
  8. 8Chapter 8Discussion on PMLA related Cases
    1. 8.1FIU-IND V/S Way2Wealth Brokers Private Limited
    2. 8.2SEBI V/S SKSE Securities Limited
    3. 8.3SEBI V/S Raima Equities Private Limited
    4. 8.4SEBI vs Marfatia Stock Broking Private Limited
    5. 8.5SEBI vs. Shreepati Holdings & Finance Pvt. Ltd.
    6. 8.6BOI Shareholding Limited (BOISL) v/s SEBI
    7. 8.7FIU-IND vs Paytm Payments Bank Limited
    8. 8.8FIU-IND vs Virtual Digital Asset Service Provider Bybit Fintech Limited (Bybit)

Source: NISM curriculum page. Chapter names and order follow NISM; sub-topic numbering (1.1, 1.2) is added by VIA Capital for easy reading. NISM may revise its curriculum; always confirm on nism.ac.in.

Quick revision · flashcards

NISM Series XXIV flashcards

Flip 10 cards free as a demo. The practice pass opens every card, chapter by chapter.

NISM Series XXIV: questions people ask

What is NISM Series XXIV?

NISM-Series-XXIV: AML and CFT Provisions in Securities Markets Certification Examination. Awareness of anti-money laundering and counter-terror-financing rules for employees of market intermediaries.

What is the exam pattern?

50 questions, 50 marks, 60 minutes. Pass mark 50%. No negative marking.

What is the fee and validity?

NISM lists the fee as ₹885 plus payment gateway charges. The certificate is valid for 3 years and is issued only if your PAN is updated. Always confirm on nism.ac.in.

Is VIA Capital official NISM material?

No. VIA Capital is an independent preparation platform. Use the official NISM workbook and register only on the NISM website.

How many questions are in the NISM Series XXIV exam?

NISM lists 50 questions for 50 marks, to be answered in 60 minutes.

What is the passing score for NISM Series XXIV?

You need 50% (25 of 50 marks) to pass.

Is there negative marking in NISM Series XXIV?

No. NISM does not deduct marks for wrong answers in this exam.

Who should take NISM Series XXIV?

Employees of securities market intermediaries.

How do I prepare for NISM Series XXIV on VIA Capital?

Follow the five steps: read each chapter, practise questions, pass the chapter tests, take the full mock tests, then sit the final practice exam. Your progress is saved to your account.

Where do I register for the real exam?

Only on the official NISM website, nism.ac.in. VIA Capital is an independent preparation platform and cannot book or conduct the NISM exam.

Ready to test yourself?

50 questions · 60 minutes · no negative marking. First 10 questions free, then full papers with the practice pass.

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  1. 1

    Create your NISM account

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  5. 5

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