About 66 per cent of the Tatas' capital is allocated by Tata Sons for which purpose?
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Return to shareholders
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Philanthropic trusts
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Research & Development
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None of the Above
B
Correct answer
Explanation
Approximately 66% of Tata Sons' capital is allocated to philanthropic trusts, reflecting the Tata group's unique ownership structure where charitable trusts hold the majority stake. This aligns with Jamsetji Tata's vision of using industrial wealth for social good. The trusts support education, healthcare, and other social causes.