Question
As per Companies Act, certain companies are required to
contribute toeards CSR activities. What is the quantum of contribution required?Solution
Section 135 - The Board of every company referred to in sub-section (1), shall ensure that the company spends, in every financial year, at least two per cent of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy
The difference in the standards and the actual figures are known as:
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When a borrower opts for an insurance policy in connection with a loan, it is a case of _______
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In the context of the Central Limit Theorem (CLT), which of the following statements is correct?