Multiple choice

The corporate social responsibility committee shall

  1. formulate and recommend to the board, a corporate social responsibility policy, which shall indicate the activities to be undertaken by the company as specified in Schedule VII

  2. recommend the amount of expenditure to be incurred on the activities referred to in clause (a)

  3. monitor the corporate social responsibility policy of the company from time to time

  4. All of the above
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D Correct answer
Explanation

Section 135 of the Companies Act, 2013 states that the corporate social responsibility committee shall (a) formulate and recommend to the board, a corporate social responsibility policy, which shall indicate the activities to be undertaken by the company as specified in Schedule VII (b) recommend the amount of expenditure to be incurred on the activities referred to in clause (a) (c) monitor the corporate social responsibility policy of the company from time to time

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