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The CSR provisions are covered under the Section 135 and Schedule VII of the Companies Act, 2013. As per the provisions of this section, a Company having Net worth of · Rs.500 crore or more, or · Turnover of Rs.1000 crore or more or · net profit of Rs.5 crore or more in previous financial year, should: · Constitute a CSR Committee (consisting of 3 or more directors of which at least 1 is independent director) and · spend at least 2% of the average net profits of three immediately preceding years on CSR activities (companies which spend any amount in excess of their CSR obligation in a financial year can set off the excess amount towards their CSR obligations in subsequent financial years)
Policy that can be cancelled or have the premium s raised by the insurer on a specific anniversary date, subject to certain reasons written into the pol...
A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependents is called?
What does not go on to make a healthy relationship?
In which date the President of India gave his assent to the Insurance Regulatory and Development Authority Bill?
Life Insurance Companies cannot reject insurance claim after how many years ?
Which of the following is the first life insurance company in India?
What is called when insurance contract comes into existence when one party makes an offer or proposal of a contract and the other party accepts the prop...
In Insurance, CGL stands for?
Which of the following institution was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country?
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.