Question
As per Companies Act a company with what minimum networth will have to comply with CSR provisions?
Read the following passage and answer the next 4 question 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
- Which is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time?
- International Financial Services Centres Authority (IFSCA) has signed a FinTech Co-operation Agreement (CA) with which of the following organisations to fa...
- Which among the followings are correct statements with regard to NBFC in India? (A) All NBFCs should be registered with RBI. (B) NBFCs cannot accept demand...
- Which app is launched by SEBI to create awareness among the investors about the basic concepts of Securities Market, KYC Process, trading and settlement, m...
- How many projects worth USD 40 billion has the New Development Bank approved so far?
- The country’s retail inflation had crept above the RBI’s tolerance range in January 2022. It remained above the target range for ten months before returnin...
- Which of the following leading NBFC has raised five-year loan of $100 million from the ADB through external commercial borrowing (ECB) under its social fin...
- In April 2022, RBI introduced the Standing Deposit Facility (SDF). What is the major objective behind this?
- ………. System is an organized method for waste minimization without sacrificing productivity within a manufacturing system.
- Which of the following section of the RBI Act empowers the Central Government to consult and give instructions to the Governor of the RBI to act on certain...
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)