FME Regulatory Intelligence, Learning & Practice · IFSCA (Fund Management) Regulations, 2025
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Mock exams

Practise under real exam conditions: timed, objective, with negative marking. Two rulebooks, two formats each.

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Questions on the IFSCA (Fund Management) Regulations, 2025, each traced to its source.

Full mock tests

ICSI format: 100 questions in 90 minutes. Each paper is different, with no repeats across the series.

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Full mock test 1

100 questions90 minutesICSI format

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Full mock test 2

100 questions90 minutesICSI format

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Full mock test 3

100 questions90 minutesICSI format

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Full mock test 4

100 questions90 minutesICSI format

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Full mock test 5

100 questions90 minutesICSI format

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Full mock test 6

100 questions90 minutesICSI format

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Full mock test 7

100 questions90 minutesICSI format

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Full mock test 8

100 questions90 minutesICSI format

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Full mock test 9

100 questions90 minutesICSI format

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Full mock test 10

100 questions90 minutesICSI format

Short mock tests

50 questions in 60 minutes. Each paper is different, with no repeats across the series.

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Short mock test 1

50 questions60 minutes

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Short mock test 2

50 questions60 minutes

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Short mock test 3

50 questions60 minutes

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Short mock test 4

50 questions60 minutes

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Short mock test 5

50 questions60 minutes

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Short mock test 6

50 questions60 minutes

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Short mock test 7

50 questions60 minutes

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Short mock test 8

50 questions60 minutes

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Short mock test 9

50 questions60 minutes

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Short mock test 10

50 questions60 minutes

Sectional mock tests

25 questions in 30 minutes from one chapter. Fresh questions each time.

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Chapter II · Registration of FME

25 questions30 minutes

III

Chapter III · Schemes

25 questions30 minutes

IV

Chapter IV · Exchange Traded Funds

25 questions30 minutes

VI

Chapter VI · Other fund management activities

25 questions30 minutes

VIII

Chapter VIII · General obligations

25 questions30 minutes

Sch

Schedules

25 questions30 minutes

Random mock tests

Fresh questions you have not seen in earlier mocks, picked each time.

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Random mock · 50 questions

60 minutesNew questions each time

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Random mock · 100 questions

90 minutesNew questions each time

How mock tests work

Timed, one sitting

The clock runs on the server. The test submits itself when time is up.

Negative marking

In strict mode, 0.5 marks are deducted for every 4 wrong answers. Unanswered questions carry no penalty.

A detailed result

Net marks, accuracy by topic, your percentile among candidates and every question with its explanation.

Uses one mock credit

Each start uses one credit; unlimited with the All-in plan.

FundReg is independent and not affiliated with ICSI, NISM, IFSCA or SEBI. Mock tests are practice tools built from the regulations; they do not guarantee results in any official examination.

Prashant Kumar

Meet the expert

CS Prashant Kumar

Company Secretary & Compliance Officer
Global Horizons Capital Advisors (IFSC) Private Limited — an IFSCA-licensed investment banker

13+ years of experienceFCS Fellow member, ICSIAuthor Audit Under Fire

Published in The Chartered Accountant (Jun 2025, Jan 2025, Mar 2024) and Chartered Secretary (Aug 2023)

Prashant Kumar is a seasoned Company Secretary and corporate governance strategist with more than 13 years of experience advising large corporates, promoter-led groups and global businesses on compliance, regulatory risk and board governance. In GIFT IFSC, the IFSCA regime is his day job rather than a research topic.