UPSC PRELIMS · ECONOMICS · INDIAN ECONOMY: CORPORATE REGULATION
Consider the following statements regarding Corporate Social Responsibility: 1. Expenditure that directly benefits the company or its employees is not treated as CSR expenditure. 2. The CSR framework does not specify any minimum spending requirement. Which one of the following is correct?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
CSR expenditure must satisfy the statutory CSR framework and expenditure benefiting the company or its employees does not ordinarily qualify as CSR. Companies meeting the prescribed thresholds are subject to a minimum CSR spending requirement, making Statement 2 incorrect.
More Economics practice
ECONOMICS · Indian Economy: Energy
Consider the following: 1. Battery storage 2. Biomass generators 3. Fuel cells 4. Rooftop solar photovoltaic systems How many of the above…
ECONOMICS · Indian Economy: Energy
Pumped-storage hydropower is mainly used for which one of the following purposes?
ECONOMICS · Indian Economy: Financial Markets
Collateral Borrowing and Lending Obligations are instruments of which one of the following markets?
ECONOMICS · Indian Economy: Agriculture
Which one of the following best describes the initiative '100 Million Farmers'?
Ready for the real thing?
Battle other aspirants in timed 1v1 Prelims duels, climb the rating ladder and keep your daily streak. Free and ad-free.