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 Integrated Social Impact Assessment involves carrying out impact assessment on a regular basis and not just at the end of a programme. This allows capturing data at similar points in time to reduce inconsistencies and ensure:

  • A. Maximisation of financial returns
  • B. Compliance with external standards
  • C. Interdependencies amongst varied impact indicators are captured Correct Answer
  • D. Independence of the assessment
Explanation:
Integrated SIA captures data regularly to reduce inconsistencies and ensure interdependencies among impact indicators are captured.

Marks: 1

Q2 A Social Enterprise must disclose to the SSE any event that may have a material impact on the planned achievement of:

  • A. Outputs or outcomes Correct Answer
  • B. Regulatory approvals
  • C. Market share
  • D. Financial profit
Explanation:
Disclosure is required for any event with a material impact on the planned achievement of outputs or outcomes.

Marks: 1

Q3 NPOs registered under section 12AB are required to issue a certificate to the donor in which form?

  • A. Form 10 BD
  • B. Form 12AB
  • C. Form 80G
  • D. Form 10 BE Correct Answer
Explanation:
NPOs must issue a certificate to the donor in Form 10 BE for eligible donations.

Marks: 1

Q4 In the Pay-for-success through Grants structure, the CSR funder appoints and bears the cost of a third-party evaluator who is distinct from the corporation and the:

  • A. Beneficiaries
  • B. NPO Correct Answer
  • C. Intermediary
  • D. Government
Explanation:
The third-party evaluator must be distinct from both the CSR funder (corporation) and the implementing NPO.

Marks: 1

Q5 For NPO registration on SSE, the annual spending in the past financial year must be at least:

  • A. Rs. 10 lakhs
  • B. Rs. 50 lakhs Correct Answer
  • C. Rs. 1 Crore
  • D. Rs. 10 Crore
Explanation:
Mandatory criteria include annual spending of at least Rs. 50 lakhs in the past financial year.

Marks: 1

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