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Free online practice test

Commerce Sectional Test 1

SEBI Grade A · Securities and Exchange Board of India: Officer Grade A (Assistant Manager), General Stream

Syllabus-checked original practice

Mapped to the official Phase II: Paper 2 (General Stream) syllabus and answer-checked on 27 August 2026.

View official syllabus source

Before you begin

  1. 1This sectional test contains 16 original Commerce questions.
  2. 2Each wrong answer deducts marks using the scoring rule shown above. Unattempted questions score zero.
  3. 3You can mark a question for review and come back to it later using the question palette.
  4. 4The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
  5. 5You can review your answers and explanations for every question immediately after submitting.

About this SEBI Grade A Commerce sectional test

This sectional test isolates Commerce from the SEBI Grade A Phase II: Paper 2 (General Stream) pattern, so you can drill it on its own instead of only meeting it inside the full mock. It draws 16 original practice questions across 11 distinct topics, syllabus-checked the same as our full mocks.

Topics covered

Mergers and Acquisitions

3 questions

Types of Preference Shares

3 questions

Insurance

2 questions

Corporate Governance

1 question

Dematerialisation

1 question

Depository System

1 question

Holding and Subsidiary Companies

1 question

Initial Public Offering

1 question

Settlement Cycle

1 question

Stock Exchange Mechanisms

1 question

Underwriting

1 question

Scoring and result analysis

Correct answers earn 1 mark and wrong answers deduct 0.25 marks. Unattempted questions score zero. This section's 16 questions are difficulty-tagged: 16 hard. After submitting, you receive topic-wise accuracy, time spent, answer explanations, and source links.

Frequently asked questions

Is this an official SEBI Grade A question paper?

No. It's an independent practice test with original Commerce questions, mapped to the official SEBI Grade A Phase II: Paper 2 (General Stream) syllabus and answer-checked on 27 August 2026.

How many questions are in this Commerce sectional test, and how long is it?

16 questions in 15 minutes.

Which topics does this test focus on?

It spans 11 topics, with the heaviest coverage on Mergers and Acquisitions, Types of Preference Shares, and Insurance.

Is there negative marking in this test?

Yes. Each wrong answer deducts 0.25 marks, and each correct answer earns 1 mark. Unattempted questions score zero.