NISM Series III-C: Securities Intermediaries Compliance (Fund) - 2000+ MCQs NISM Exam Prep Guide. Pass your NISM Series III-C (Series 3C) exam in the first attempt with the most comprehensive 2026 Mock Test available. Designed specifically for AIF, REIT, InvIT, and Mutual Fund Compliance Officers, this question bank moves beyond basic theory to cover the practical "Fund" compliance standards required by SEBI. RegDEEP™ AssessmentIntent™. Chapter-wise Practice Test + Full Mock Tests + RegDEEP™ AssessmentIntent™ Mastery Assessment Tests (MAT)

This guidebook is designed as a complete exam-to-industry readiness system for the NISM-Series-III-C: Securities Intermediaries Compliance (Fund) Certification Examination. It brings together 2000+ high-quality MCQs across three layers - so you don’t just cover the syllabus, you build the regulatory reasoning required to score high and think like a compliance professional.

What’s inside (2000+ MCQs):

✅ Chapter-wise Practice Tests (1000+ MCQs): Covers all 17 chapters with Foundation + Concept-clarity + trap-handling + early application questions. This section locks definitions, classifications, role clarity (who does what), and avoids common mix-ups between similar concepts.
✅ 5 Full-Length Mock Tests (500 MCQs): 5 papers of 100 questions each, designed to follow NISM-like chapter weightage, and focused on Apply / Analyze / Evaluate level questions - caselets, scenario judgment, sequential flow, assertion - reason, and situation - action patterns.
✅ 5 RegDEEP™ Mastery AssessmentIntent™ Mastery Assessment Tests (MAT) (500 MCQs): The rank-separator layer for learners who want more than “safe questions”.

RegDEEP™ AssessmentIntent™:

Most MCQ books stop at coverage. This one goes deeper. RegDEEP™ Mastery AssessmentIntent™ (by GurukulOnRoad) trains learners to handle the real difficulty of compliance - and the real difficulty of the exam:

✅ Multi-chapter / regulation-conflict scenarios (rules overlap - what dominates?)
✅ Most defensible action questions (all options look correct - only one survives scrutiny)
✅ Regulatory silence / grey-zone inference (regulation isn’t explicit - apply philosophy)
✅ Process breakdown & liability attribution (who is accountable, not who acted)
✅ Regulatory trade-offs, examiner trap prediction, policy drift & counterfactual scenarios

This framework helps you integrate multiple chapters, handle ambiguity, and choose the least wrong / most defensible option - exactly what top scorers and real-world compliance teams must do.

Test Objectives covered in this Exam Prep Guide (All 17 Chapters):

Part A builds the base: financial system & instruments, regulatory structure, compliance function, SEBI Act, SCRA/SCRR, Intermediaries regulations, PIT, PFUTP, PMLA/AML-CFT, KRA/KYC, FPI, FEMA, Depositories Act.
Part B ensures fund-specific mastery: Mutual Funds, AIFs, InvITs, REITs - with structure, roles, disclosures, governance, fundraising, listing/delisting, borrowings, valuation, inspections, and accountability logic.

Who this is for

✅ Aspirants who want a structured chapter-to-mock progression
✅ Repeaters aiming for higher accuracy and rank-level judgment
✅ Professionals who want practical compliance decision-making, not rote learning

If your goal is not just to pass, but to think like an examiner and act like compliance, this guidebook is built for you.