Question 13 of 75Indian Economy

With reference to Corporate Social Responsibility (CSR) rules in India, consider the following statements: 1. CSR rules specify that expenditures that benefit the company directly or its employees will not be considered as CSR activities. 2. CSR rules do not specify minimum spending on CSR activities. Which of the statements given above is/are correct?

A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2

Correct Answer

The correct answer is hidden

Explanation

25 words hidden ... of business or exclusively its employees are generally excluded. - Statement 2 is hidden because the Companies Act ... 22 words hidden