Free NISM V-A Study Material: The Complete 2026 List

You can prepare for NISM V-A while spending very little. Here is what is genuinely free, and where the paid shortcut is worth it.

Free, and enough for many candidates

• The official workbook. NISM provides a soft copy free of cost after you enrol for the exam. It is the authoritative source, though it is written as a textbook rather than for quick revision.
• Chapter-wise practice. BullWiser has a free practice page for each of the 12 V-A chapters, with answers and explanations. Start with the heavy chapters; the weightage guide shows which.
• One full-length mock. The V-A free mock follows the real exam pattern and needs no login. Take it first as a baseline; the mock test hub explains how to use it.

Where the paid options save time

The workbook buries exam-relevant points in long prose. The Rs 199 study pack condenses all 12 chapters into revision notes and adds the full question bank in one PDF, which suits the last week of revision. A Rs 199 mock pack adds 8 more full-length mocks with chapter-wise analytics. For scale, Rs 199 is about 13% of the Rs 1,500 exam fee, so a study pack costs far less than a retake.

Do you need to buy anything?

No. The workbook, the free chapter practice and the free mock are a complete path if you use them well. The paid material is a time-saver for revision, not a requirement.