Sample Questions

NISM-Series-23: Social Impact Assessors Mock Tests — 5 random MCQs with answers & explanations

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These 5 questions are randomly selected (standard MCQs only, not case-based).

Q1 As of the publication date of the source, which of the following countries does NOT have a functioning Social Stock Exchange mentioned?

  • A. Canada
  • B. Singapore
  • C. United Kingdom Correct Answer
  • D. Jamaica
Explanation:
Out of the seven SSEs mentioned as being set up, only those in Canada, Singapore, and Jamaica still survive and function.

Marks: 1

Q2 Social impact assessors are required to be registered with a Self-Regulatory Organization (SRO) or such other agency specified by:

  • A. Ministry of Finance
  • B. NITI Aayog
  • C. SEBI Correct Answer
  • D. RBI
Explanation:
Social impact assessors are required to be registered with an SRO or other agency specified by SEBI.

Marks: 1

Q3 If the NPO has not achieved the outcomes in Pay-for-success through Grants and the pre-defined time period is over, the CSR capital in escrow is:

  • A. Rolled over to the next period.
  • B. Refunded to the corporation.
  • C. Routed to items provided under Schedule VII of the Companies Act. Correct Answer
  • D. Distributed among stakeholders.
Explanation:
If outcomes are not met and the time is over, funds are routed to items listed under Schedule VII, such as the PM's Relief Fund.

Marks: 1

Q4 According to the 2019 Bain & Company report on philanthropy, India accounts for what percentage of the world performance gap in 10 of the 17 SDGs?

  • A. More than 10%
  • B. Exactly 17%
  • C. More than 20% Correct Answer
  • D. Approximately 50%
Explanation:
The 2019 Bain & Company report states India alone accounts for more than 20% of the world performance gap in 10 of the 17 SDGs.

Marks: 1

Q5 Which IMP dimension addresses what outcomes the enterprise is contributing to and how important the outcomes are?

  • A. WHO
  • B. HOW MUCH
  • C. WHAT Correct Answer
  • D. CONTRIBUTION
Explanation:
The WHAT dimension describes the outcomes being contributed to and their importance.

Marks: 1

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