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 amount of contribution by RBI to the PIDF fund?
- You are given a dataset of product IDs and their corresponding prices in an Excel sheet. You need to retrieve the price of a specific product by looking up...
- With reference to the sovereign green bonds’ framework, consider the following statements: I. Green bonds are financial instruments ...
- PMSYM is social security scheme of labor ministry, what is the pension assured by the scheme to unoriginated workers?
- Calculate the Break-even point from the following information. Fixed overheads = Rs.60,000 Selling Price per unit = Rs.30 Direct material cost per unit ...
- Which of the following entity issues the Jeevan Praman?
- W hat is the maximum permissible bank finance (MPBF) that a bank may lend , a ccording to the Tandon Committee's recommendations ?
- Which of the following is not included in core inflation?
- Byron Ltd reported 32000 in earnings during the current financial year. The total shares outstanding are 40000 at a market price of 18 per share. What is B...
- In a repurchase agreement, the percentage difference between the repurchase price and amount borrowed is equal to:
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