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Directions: Read the following passage and answer the question.
The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.
Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.
CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR Compliance
The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their company
Q. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?
  • a)
    Yes, as ABC has established a wine factory
  • b)
    No, as ABC is a clothing brand company
  • c)
    Yes, as ABC donated the proceeds from wine factory for promoting literacy among children
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
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Directions: Read the following passage and answer the question.The mi...
As is clear from the passage, The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Hence here the purpose of ABC company to promote literacy among children via donating to XYZ, fulfills CSR Compliance criteria.
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Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage and answer the question.The ministry of corporate affairs (MCA) has permitted the funds spent on awareness programmes and public outreach campaigns regarding the Covid-19 vaccination drive, to be classified as corporate social responsibility (CSR) activity. Specifically, the newly permitted activities would come under the categories relating to promotion of healthcare, including preventive health care and sanitation, promoting education and disaster management, the circular said.Previously, the MCA had amended the CSR rules to permit companies engaged in research and development (R&D) activity of new vaccine, drugs and medical devices to categorise as CSR activity. Earlier in March 2020, the ministry had allowed funds donated to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund by corporates to be classified as CSR spends.CSR stands for Corporate Social Responsibility. It has been incorporated in Companies Act 2013. Section 135 of the Companies Act, 2013 is applicable to every company registered under the Act. India is one of the first countries to make CSR mandatory. Due to an amendment in the Companies Act 2013 in April 2014, businesses are able to invest their profits in areas such as education, betterment of society, sanitization, and disaster relief as part of CSR ComplianceThe purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Businesses are increasingly turning to CSR to make a difference and build a positive brand around their companyQ. Considering the situation mentioned in the above question, ABC launched a campaign to support a non profit organization XYZ aimed to promote literacy among children . The company establishes a wine factory, produced and sold its wine, donating all its proceeds from sales supporting XYZ. Has ABC fulfilled its CSR Compliance?a)Yes, as ABC has established a wine factoryb)No, as ABC is a clothing brand companyc)Yes, as ABC donated the proceeds from wine factory for promoting literacy among childrend)None of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.
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