Question
As per the provisions for CSR given under Companies Act 2013, how much has to be spent on CSR by eligible entities?
Refer to the following information to answer the next 4 questions (Q 11 to Q 14) 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 Banking System in India Questions
- GFCs are hubs for innovation in finance, technology, and business. They attract top talent, encourage entrepreneurship, and foster collaboration among indu...
- In the January 2024 circular on bulk deposits, which tier of UCBs has a revised bulk deposit threshold set at ₹1 crore?
- Which of the following statements accurately describes the permissible methods for a private company to issue securities, considering the provisions of the...
- Face value of each debt security or non-convertible redeemable preference share issued on private placement is reduced to ……………… by SEBI recently.
- The president of the NCLT and the chairperson and Judicial members of the NCLAT are appointed in consultation with whom?
- Recently which of the following two privates sector bank have got approval from the RBI to open a special Vostro account for trade in rupees and both the a...
- External benchmark rate means the reference rate which includes:
- Which of the following is a non-fund-based credit facility?
- Which of the following issues of securities shall be made through the EBP platform (Electronic Book Provider)?
- The essence of effective communication is that?
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)