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.