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CSR QUIZ FOR TT38

Total questions: 25

Worksheet time: 14mins

Name
Class
Date
1.

Which clause of Companies Act, 2013 makes CSR mandatory?

a)

a. 15

b)

b. 135

c)

c. 153

d)

d. 13

2.

True or False:

Archie Carroll believed the objective of a business cannot be only profit maximization, unlike Milton Friedman whose principle is that profits are the only objective of a company.

a)

a. True

b)

b. False

3.

Name the major tech company that announced in February 2022 that it will become carbon negative by 2030 and will invest $4.7 billion in renewable energy projects.

(a)  

4.

Which of the following statements about CSR expenditure are correct?

I. The Board of the Company shall ensure that the company spends, in every financial year, at least 2% of the average net profits of the Company made during the 3 immediately preceding financial year or where the company has not completed the period of 3 Financial Year since its incorporation, during such immediately preceding financial years, in pursuance of its CSR Policy.

II.  Administrative overheads shall not exceed five percent of total CSR expenditure.

a)

a. Only I

b)

b. Only II

c)

c. Both I & II

d)

d. None

5.

Triple Bottom Line consist of:

a)

a.

Profit

Planet

Production

b)

b.

Production

Profit

People

c)

c.

People

Planet

Profit

d)

d.

Profit

Production

People

6.

Identify me:

 

We are an American multinational fast food chain, founded in 1940 and headquartered in Chicago, Illinois, US.

We are planning to phase out plastic toys in our children’s meals by 2025 as part of our sustainability efforts.

a)

a. McDonald's

b)

b. Starbucks

c)

c. Burger King

d)

d. Subway

7.

7. Which of the following is not an SDG goal?

a)

a. Quality Education

b)

b. Zero Hunger

c)

c. Reduce Child Mortality

d)

d. Partnerships for the goals

8.

All definitions of corporate social responsibility recognize that:

a)

a. Companies are responsible for the impact the have on society and environment.

b)

b. The natural environment should be the main focus of the CSR Activities. 

c)

c. Business ethics are a complex issue.

d)

d. Companies should pay equal attention to business ethics and sustainability.

9.

Which Indian CSR model is put forward by Jawaharlal Nehru?

a)

a. Liberal

b)

b. Statist

c)

c. Stakeholder

d)

d. Ethical

10.

Which of the following activities qualify as CSR expenditure in India?

I. Activities undertaken in pursuance of normal business of the company

II. Sponsorship activities for deriving marketing benefits for products/ services

III. Activities for statutory obligations under any law in force in India

IV.  Activities benefiting employees of the company as defined in section 2(k) of the Code on Wages, 2019

a)

a. Only I

b)

b. I & III only

c)

c. All of the above

d)

d. None of the above

11.

Which is the first country to legally mandate corporate social responsibility?

a)

a. India

b)

b. China

c)

c. USA

d)

d. South Africa

12.

As per Carroll's global CSR Pyramid, the four levels of corporate social responsibility are:

a)

a.

Economic

Legal

Ethical

Philanthropic

b)

b.

Physical

Economic

Social

Legal

c)

c.

Economic

Social

Ethical

Philanthropic

d)

d.

Physical

Economic

Legal

Ethical

13.

Fill in the blanks:

Facebook India’s CSR initiative to boost women entrepreneurship in India which was launched in 2020 in partnership with The /Nudge Centre for Social Innovation was named as 'Facebook (a)   '.

 

14.

Identify me:

 

We are an American multinational corporation serving the drink industry, founded in 1892 and our headquarters is in Atlanta, Georgia, US.

We announced that we will reach 100% recycled plastic in all our bottles by 2025 and that we will eliminate all single-use plastic packaging from our products by 2030.

 

a)

a. PepsiCo

b)

b. Coca-Cola

c)

c. Heinken

d)

d. Tropicana

15.

Under which ISO standard the guidance on social responsibility was recognized?

a)

a. ISO 26000

b)

b. ISO 27000

c)

c. ISO 14000

d)

d. ISO 22000

16.

True or False:

In September 2000, leaders of 189 countries gathered at the United Nations headquarters and signed the historic Millennium Declaration, in which they committed to achieving a set of eight measurable goals called millennium development goals by the target date of 2015.

a)

a. True

b)

b. False

17.

In September 2021, which global bank announced that it will mobilize $1 trillion for climate action and sustainable development by 2030, as part of its sustainability strategy?

a)

a. HSBC

b)

b. J P Morgan Chase

c)

c. Goldman Sachs

d)

d. Deutsche Bank

18.

True or False:

 

Sustainable Development Goals were developed to carry on the momentum generated by Millennium Development goals and is expected to be achieved by 2050.

a)

a. True

b)

b. False

19.

From the logo, identify the luxury fashion brand that announced that it will stop using animal fur in its products.

 

(a)  

20.

The provision of CSR is applicable to companies having minimum net worth of:

a)

a. 1000 crore

b)

b. 5 crore

c)

c. 500 crore

d)

d. 100 crore

21.

Fill in the blanks:

The CSR Committee shall, formulate and recommend to the Board, a CSR Policy which shall indicate the activities to be undertaken by the company as specified in Schedule ____

a)

a. VI

b)

b. IV

c)

c. VII

d)

d. VIII

22.

The provision of CSR is applicable to companies having minimum net profit of:

a)

a. 10 crore

b)

b. 5 crore

c)

c. 50 crore

d)

d. 100 crore

23.

Which of the following is NOT a key principle of the International Framework for Corporate Social Responsibility?

a)

a. Human rights

b)

b. Labour standards

c)

c. Environmental sustainability

d)

d. Maximizing shareholder value

24.

Which of the following activities is not specified in Schedule VII of Companies Act, 2013?

a)

a. Rural development projects.

b)

b. Eradicating poverty and hunger.

c)

c. Promotion of sports.

d)

d. Improve the transparency in the financial statements of the company.

25.

Which of the following is NOT one of the eight Millennium Development Goals?

a)

a. Eradicate extreme poverty and hunger.

b)

b. Achieve universal primary education.

c)

c. Reduce child mortality.

d)

d. Increase military spending in developing countries.