Multiple choice

Which of the following statements is/are correct about the corporate social responsibility?

  1. The CSR activities shall be undertaken by the company as per its stated CSR policy as projects or programs or activities.

  2. A company may also collaborate with other companies for undertaking projects or programs or CSR activities in such a manner that the CSR committees of respective companies are in a position to report separately on such projects or programs in accordance with these rules.

  3. The CSR projects or programs or activities undertaken in India only shall amount to CSR expenditure.

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The CSR activities shall be undertaken by the company as per its stated CSR Policy, as projects or programs or activities. A company may also collaborate with other companies for undertaking projects or programs or CSR activities in such a manner that the CSR committees of respective companies are in a position to report separately on such projects or programs in accordance with these rules. The CSR projects or programs or activities undertaken in India only shall amount to CSR expenditure.

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