Vidyalelo
Law · Q56

Indian Companies Act

Graduate and Post Graduate · Law · question 56

Q56

The Companies Act, 2013 has done a tremendous job by providing Company's Social Responsibility (CSR) as a mandatory activity. A company has to comply with mandatory CSR norms where

A.
The net worth of the company is INR (Indian National Rupee) 1,000 crores or more
B.
The turnover of the company is INR 1,000 crores or more
Answer
C.
Its net profit during any financial year is INR 50 crores or more
D.
Its paid-up share capital is INR 200 crores or more

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board