Question
Various activities can be undertaken by the corporates under the CSR guidelines. Which of the following activities can be classified under the CSR activities in India?
Various activities can be undertaken by the corporates under the CSR guidelines. Which of the following activities can be classified under the CSR activities in India?
I. Rural development projects
II. Spending on incubators funded by the Centre or state or any state-owned entity in the fields of science, technology and medicine
III. Eradicating hunger, poverty, malnutrition
Refer to the following information to answer the next 4 questions (Q9 to Q12) The Companies Act 2013 had introduced several new provisions which changed the face of Indian corporate business. One of such new provisions was the Corporate Social Responsibility (CSR). The concept of CSR rests on the ideology of give and take. Companies take resources in the form of raw materials, human resources etc. from the society. By performing the task of CSR activities, the companies are giving something back to the society. CSR is the integration of socially beneficial programs and practices into a corporation's business model and culture. India is one of the first countries in the world to make CSR mandatory for companies following an amendment to the Companies Act, 2013 in 2014. Under the Companies Act, businesses can invest their profits in areas such as promoting rural development in terms of healthcare, sanitation, education including skill development, environmental sustainability, etc.
More Alternate Sources of Finance Questions
- What is the term for the ethical principle that involves keeping promises and being truthful?
- Which of the following entity issues the Jeevan Praman?
- _________ is the ratio of provisioning to gross non-performing assets and indicates the extent of funds a bank has kept aside to cover loan losses.
- Which of the following bank facility allows a bank customer to withdraw more money than is currently available in his/her account ?
- What is one disadvantage of the systems approach?
- Which component of an organization influences the inputs?
- What is the total outlay of the PM's package to facilitate employment, skilling, and opportunities for youth over five years as per the Union Budget 2024-2...
- Two goods will be classified as ______ if the cross-price elasticity between them is negative.
- Till December 2021, Indian banks had raised more than Rs 37,000 crore by issuing new AT1 bonds in financial year FY22. AT1 Bonds are also commonly known as...
- Under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, what is the ceiling for availing credit guarantee for under CGS-I?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)