Assertion (A) Social audit has been defined as a commitment to systematic assessment of and reporting in some meaningful, definable domain of the company's activities that have social impacts.<br>Reason (R) The Companies Act, 2013 has accorded statutory recognition of the social responsibility of a corporate entity and gives option to provide a percentage of profit for the purpose as per discretion of the board.

Assertion (A) Social audit has been defined as a commitment to systematic assessment of and reporting in some meaningful, definable domain of the company's activities that have social impacts.
Reason (R) The Companies Act, 2013 has accorded statutory recognition of the social responsibility of a corporate entity and gives option to provide a percentage of profit for the purpose as per discretion of the board. Correct Answer (A) is correct, but (R) is not correct

Management Values And Ethics In Management
শেয়ার করুন বন্ধুর সাথে

বিসিএস, ব্যাংক, প্রাইমারি সহ সরকারি বেসরকারি চাকুরীর পরীক্ষার প্রস্তুতির জন্য ডাউনলোড করুন Bissoy অ্যাপ

Related MCQ's

There are two domains on your network. The DESIGN domain trusts the SALES domain. A color printer is shared in the DESIGN domain, and print permissions have been granted to the Domain Users and Domain Guests groups in the DESIGN domain. The Guest account has been enabled in the DESIGN domain. User John Y logs on using his account in the SALES domain. What must you do to allow JohnY to access the printer?

Consider the following statements regarding New Companies Act, 2013.
1. It replaced the Companies Act, 1956.
2. It has introduced concept of one person company.
3. It mandates corporate social responsibility for select class of companies.
Identify the correct statement.

Assertion (A) Rules notified by the Ministry of Corporate Affairs (MCA) Section 149 of the Companies Act mandates that a listed company having a paid up share capital of Rs. 100 crore or more shall appoint at least one woman director on its board.
Reason (R) The corporate entities wanted to enhance gender equality and woman empowerment in corporate governance and company administration.

Which of the following Companies will have to constitute Corporate Social Responsibility Committee under the Companies Act, 2013

You are the administrator of Windows 2000 domain and TWO Windows NT domains. The Windows 2000 domains trust each of the Windows NT domains. Each of Windows NT domains trust the Windows 2000 domain. A Windows 2000 domain controller named DC1 is configured to use a highly secure domain controller template. Users in the Windows NT domain report that they cannot access DC1. You need to allow the users of computers in the Windows NT domain to access resources on DC1. What should you do?

Which of the following activities should be shown separately in the cash flow statement prepared as per accounting standard-3?
I. Cash flow from borrowing activities.
II. Cash flow from operating activities.
III. Cash flow from financing activities.
IV. Cash flow from investing activities.
V. Cash flow from miscellaneous activities.

Read Assertion (A) and Reason (R) and give the correct answer:
Assertion (A): It is true that in any intensive form of government, the government can not function without the exercise of some discretion by its official.
Reason (R): Giving discretion to government officials is necessary for welfare of people.

Direction: The following question consists of two statements.
One is labeled as Assertion (A) and the other as Reason (R). You have to examine both the statements carefully and decide whether Assertion (A) and Reason (R) separately are true and if so, the reasoning statement is the correct explanation. Mark these items on the answer sheet.
Assertion (A): Social responsibility of business is an idea which cannot be put into action in most of the professions.
Reason (R): There are no standards by which the extent of responsibility of each segment of the society can be measured.

Which section of the Companies Act, 2013 deals with corporate social responsibility?

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the fouralternatives. The very ___________________ of apologizing and forgiveness _________________ the importance of memory and the vitality of the community as a link between past,present and future. It ________________ the question of the responsibility ______________ the past and its injustices. Somehow for many politicians, the past is a different country for _________________ they have no responsibility. the past is a different country for _________________ they have no responsibility.

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