Can nism certificate can be renewed before expiry by cpe programme from Nse?

Nism certificate renewal http://www.nism.ac.in/index.php/about-equity-derivatives-cpe require some information on this

Yes you can revalidate your certificate by successfully completing a program of relevant one day ‘Continuing Professional Education (CPE)’ as may be specified by NISM during 12 months preceding the date of expiry of the certificate.

Both NSE & BSE conduct these CPE programs whose schedule should be available on their respective sites.

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wht is the nature of this programme? is there any test conducted during the prog ;if yes–wht is the syllabus and nature of the test.thanks