Environment Ques 7

Question: What percent of total profitability need to be spent by companies in India towards environmental corporate responsibility?

Options:

A) 5%

B) 1%

C) 3%

D) 2%

Show Answer

Answer:

Correct Answer: D

Solution:

  • Corporate social responsibility (CSR) represents the policies, practices and initiatives a company commits to in order to govern themselves with honesty and transparency and have a positive impact on social and environmental wellbeing. The Indian government has been trying to make it mandatory for companies to spend at least 2 percent of net profitability on CSR.