UPSC Ecology And Environment Environment Question Bank Environment Management

  • question_answer
    What percent of total profitability need to be spent by companies in India towards environmental corporate responsibility?

    A) 5%                               

    B) 1%

    C) 3%                               

    D) 2%

    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.

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