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  9. Q253

RBI Grade B Officer (General / DEPR / DSIM) 2022 · Question 253 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) According to SEBI, Companies eligible for CSR shall constitute a Corporate Social Responsibility Committee of the Board consisting of _____” A” _______ or more directors, out of which at least ______"B” _______ shall be an independent director. Identify “B” from the following options.

Financial Markets

  1. AA. 1Correct
  2. BB. 2
  3. CC. 3
  4. DD. 4
  5. EE. None of the above

Answer: A. A. 1

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 2 2022 Finance and Management recollected questions with answer key (EduTap compilation) · memory-based

← Q252View full paper (276 questions)Q254 →

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