RBI Grade B Officer (General / DEPR / DSIM) 2022 · Question 250 of 276

- Read the passage given below and answer the following questions. Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental. To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment instead of contributing negatively to them. (This is a recreated passage and not the exact one asked in the exam) As per Section 135 of the Companies Act, every company having net worth of rupees ______________________ crore or more will be eligible for CSR activities?

Finance and Management

1. AA. 50 Crore
2. BB. 500 CroreCorrect
3. CC. 10 Crore
4. DD. 100 Crore
5. EE. None of the above