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? 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.Solution
Corporate Social Responsibility (CSR) is the responsibility of the corporations operating within society to contribute towards economic, social and environmental development towards creating positive impact on society at large.
- Person ‘X’ earns 50% more than ‘Y’. While ‘X’ saves 30% of his income, ‘Y’ saves only 10% of hers. If the difference in their expenditures ...
The income of Priya is 40% more than the income of Pranav. If the difference between their incomes is Rs. 4,800 and they spend 85% of their respective i...
- The income of Tanu and Manu is in the ratio of 6:5. Tanu saves 20% of her income. Manu’s expenditure is 90% of Tanu’s expenditure. If the difference be...
Monthly incomes of Anil and Sunil are Rs. 36,000 and Rs. _______, respectively. Anil and Sunil save 22% and 28% of their respective incomes. The differe...
The respective ratio of monthly income of A to monthly income of B is 8:9, and A’s saving is (100/9) % more than B’s saving. Find the expend...
Pawan earns Rs. 40,000, which is 20% less than Bhuvan's income. Bhuvan spends 60% of his income and saves the remaining amount. The savings ratio of Paw...
Rishu saves x% of her income. If her income increases by 26% and the expenditure increases by 20%, then her savings increase by 50%. What is the value of x
- If the monthly income of ‘Anil’ is (100/3)% more than that of ‘Sunil’, then how much percent less is the monthly income of ‘Sunil’ compared to ...
Pankaj saves 33.33% of his monthly Income. If monthly Expenses of Pankaj is increased by 25% with respect to his previous monthly expenses, then his mon...
- In 2022 when his income was Rs. 20,000, Anil spent 35% of his income and saved the rest. In 2023, if his income increased by 30% and his expenditure increa...
