With reference to Corporate Social Responsibility CSR consider following statements It is ...........

Governance Issues Corporate Governance

With reference to Corporate Social Responsibility (CSR), consider following statements

It is a self-regulating business model that helps a company be socially accountable which is governed by clause 135 of the Companies Act, 2013.
India is the first country to legally mandate CSR spending.
The CSR provisions is applicable to companies with an annual turnover of 1,000 crore and more, or a net worth of Rs. 500 crore and more, or a net profit of Rs. 5 crore and more.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

In India, the concept of CSR is governed by clause 135 of the Companies Act, 2013.
The CSR provisions within the Act is applicable to companies with an annual turnover of 1,000 crore and more, or a net worth of Rs. 500 crore and more, or a net profit of Rs. 5 crore and more.
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable.
India is the first country in the world to mandate CSR spending along with a framework to identify potential CSR activities.

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