NISM-Series-XXIII: Social Impact Assessors Certification Examination

Revised Launch of NISM-Series-XXIII: Social Impact Assessors Certification Examination w.e.f. April 16, 2024

The examination aims to create a pool of social impact assessors who would assess the impact of social interventions of various social enterprises who raise funds through the Social Stock Exchange platform.

Examination Objectives

On successful completion of the examination the candidate should:

  • Know the basics of social impact assessment, code of conduct of social impact assessors.
  • Understand the general concepts related to social stock exchange and social impact assessment.
  • Know the social impact assessment reporting disclosures and regulations.


Assessment Structure

The examination consists of 85 multiple-choice and 3 case-based/caselet questions (each case having 5 questions) totaling to 100 marks. The assessment structure is as follows:

Multiple Choice Questions[85 questions of 1 mark each]85*1 = 85  
Case-based Questions[3 cases (each cases with 5 questions of 1 mark each]3*5*1 = 15  

The examination should be completed in 2 hours. The passing score for the examination is 60. There shall be negative marking of 25 percent of the marks assigned to a question.

Test Details

Name of Module: NISM Series XXIII: Social Auditors Certification Examination

~ 85 multiple-choice and 3 case-based/caselet questions (each case having 5 questions) totaling to 100 marks.

* Negative marking – 25% of the marks assigned to the question.

+ Payment Gateway Charges extra.

# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.

  • 1770+
  • 120
  • 100~
  • 100
  • 60*
  • 3#