Hello @mcarrion,
If your institution subscribes to Respondus 4 (the exam authoring tool, not the virtual proctoring tool), it is possible to use it to create questions. After you create the questions in Respondus 4, you would need to (because New Quizzes is not currently compatible with it) follow the guidance at https://support.respondus.com/hc/en-us/articles/4409595714203-Publishing-to-Instructure-Canvas-New-Q....
If your institution does not subscribe to Respondus 4, if you really wanted to, you could purchase (or use the demo version for 30 days) an individual license. There is information about purchasing it available at https://web.respondus.com/he/respondus/pricing.
-Doug