CSR Final

CSR stands for

• Company Social Responsibility

• Corporates Social Responsibility

• Company Social Reliability

• Corporate Society Responsibility

Which section of companies act, 2013 notify about CSR

• Section 120

• Section 130

• Section 135

• Section 140

At least ____ % of net average profit is spent towards CSR

• 2

• 4

• 1

• 5

CSR committee consist of ____ directors

• 1

• 2

• 3

• 4

CSR is applicable when company's

• Net worth 500 crores or more

  OR

• Turnover is 1000 crores or more

  OR

• Net profit is 5 crore or more

• All of them are correct

Non compliance of CSR leads to penalty of

(For company)

• Minimum 50k

  maximum 50 lakhs

• Minimum 10k

  Maximum 50 lakhs

• Minimum 50k

  Maximum 25lakhs

• Minimum 5 lakhs

  Maximum 25 lakhs

In case of default penalty for officer in default is

• Minimum 50k

  Maximum 5 lakhs

  Imprisonment 2 years

• Minimum 50k

  Maximum 5 lakhs

  Imprisonment 3 years

• Minimum 50k

  Maximum 50 lakhs

  Imprisonment 3 years

• Minimum 5k

  Maximum 5 lakhs

  Imprisonment 1 years