New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Social innovation under Corporate Social Responsibility

    (CSR) by a corporate can be best achieved when?  
    A Expenses are larger than its expenses on employees’ benefits Correct Answer Incorrect Answer
    B Minimum one-third of the employees are actively engaged in CSR work Correct Answer Incorrect Answer
    C CSR is aligned with a firm's core skills and capabilities Correct Answer Incorrect Answer
    D CSR is used for the benefit of the family members of the employees Correct Answer Incorrect Answer
    E CSR is focussed on skill development of the employees for social innovation Correct Answer Incorrect Answer

    Solution

    CSR is about utilising the skills of an organisation for social benefits. For example a bank (or financial institution) can do better CSR by taking up Financial literacy projects than a chemical company, while the chemical company can take up CSR initiatives on reducing water pollution, etc.   

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