NISM AcademyNISM Series XXIII Social Impact Assessors: exam pattern, syllabus and how to register
For professionals who assess the impact of organisations listed on the Social Stock Exchange. NISM Series XXIII creates a pool of social impact assessors who evaluate the social interventions of enterprises raising funds through the Social Stock Exchange. It covers the basics of social impact assessment, the Social Stock Exchange framework, reporting and disclosure requirements, and the assessor’s code of conduct.
NISM Series XXIII exam pattern at a glance
- Questions
- 85 + 3 case studies
- Duration
- 120 minutes
- Total marks
- 100
- Passing score
- 60% (60/100)
- Negative marking
- 25% per wrong answer
- Exam fee
- ₹1,500 + charges
- Certificate valid
- 3 years
85 one-mark questions plus 3 case studies of 5 one-mark questions each (15 marks). Fees and pattern are set by NISM and can change, so confirm on the official NISM Series XXIII page before you book.
Who should take NISM Series XXIII?
Professionals who want to work as social impact assessors, such as social auditors, development sector specialists and accountants.
Why you need it: Social impact assessors who assess enterprises on the Social Stock Exchange need this certification.
NISM Series XXIII syllabus: 6 chapters
- Social sector & impact basics
- Social Stock Exchange
- Fund-raising instruments
- Impact assessment methods
- Reporting & disclosures
- Code of conduct
How to prepare for NISM Series XXIII
Learn the Social Stock Exchange framework and reporting rules carefully; they are new to most candidates. 25% negative marking applies.
NISM Series XXIII mock tests are coming soon
We are building exam practice one series at a time and start with the most requested. Tell us you want NISM Series XXIII: it takes one tap and needs no sign-up.
Request NISM Series XXIIINISM Series XXIII FAQs
What is NISM Series XXIII?
NISM Series XXIII is the Social Impact Assessors Certification Examination conducted by the National Institute of Securities Markets. Social impact assessors who assess enterprises on the Social Stock Exchange need this certification.
How many questions are in NISM Series XXIII?
The exam has 85 one-mark questions plus 3 case studies of 5 one-mark questions each (15 marks), for a total of 100 marks. You get 120 minutes.
What is the passing score for NISM Series XXIII?
You need 60%, which is 60 out of 100 marks.
Is there negative marking in NISM Series XXIII?
Yes. 25% of a question’s marks are deducted for each wrong answer. Unattempted questions score zero.
How should I prepare for NISM Series XXIII?
Learn the Social Stock Exchange framework and reporting rules carefully; they are new to most candidates. 25% negative marking applies.
How do I register for NISM Series XXIII?
Create an account on NISM’s certification portal, choose the exam, pick a test centre or remote-proctored slot, and pay the fee online. NISM Academy can’t register you; we link you to the official portal.
How long is the NISM Series XXIII certificate valid?
Three years from the date you pass.