Test Your NISM-Series-23: Social Impact Assessors Mock Tests Knowledge in 5 Minutes

1. Social Enterprises have access to which of the following? (NISM workbook)

A. donations B. social venture capital funds C. both a and b D. none of a and b

2. To be identified as a social enterprise, a Not for Profit Organisation or a For Profit Social Enterprise, shall establish primacy of_____. (NISM workbook)

A. social outcome B. social impact C. social intent D. social activity

3. With reference to the accounting and reporting requirements of social sector organizations such as Trusts, Societies and Section 8 Companies which of the following statements hold true: (NISM workbook)

A. Only I and III B. Only I and IV C. Only II and IV D. Only II and III

4. Stock exchanges, depositories and clearing corporations are collectively referred to as_______. (NISM workbook)

A. Market Infrastructure Institutions (MIIs) B. KYC Registration Agencies C. Asset Management companies D. Custodians

5. Which among the following is NOT an objective of a Social Stock Exchange? (NISM workbook)

A. Only I and II B. Only I and III C. Only II and III D. Only II and IV

6. Which among the following constitute stakeholders of social stock exchange? (NISM workbook)

A. Only II and III B. I, II and III C. Only I and III D. Only I and II

7. The ________is measured by an independent third-party evaluator. (NISM workbook)

A. social activity B. social impact C. social intent D. social outcome

8. The minimum issue size of Zero Coupon Zero Principal (ZCZP) is: (NISM workbook)

A. Rs. 10 lakhs B. Rs. 50 lakhs C. Rs. 5 lakhs D. Rs. 2 lakhs

9. For fund raising through the Social Stock Exchange, a social enterprise needs to fulfil which of the following condition(s): (NISM workbook)

A. Only i B. Only ii C. Both i and ii D. None of these

10. Who has prescribed minimum requirements for registration of a Not for Profit Organization on a Social Stock Exchange? (NISM workbook)

A. ICAI B. SEBI C. RBI D. NISM