2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the name of the bill that Parliament passed to check and control Corporate Social Responsibility (CSR)?
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Companies (Amendment) Bill
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Corporate Function Bill
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RTI
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Companies Regulatory Bill
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Explanation:
Detailed explanation-1: -The Companies Act, 2013 has formulated Section 135, Companies (Corporate Social Responsibility) Rules, 2014 and Schedule VII which prescribes mandatory provisions for Companies to fulfil their CSR.
Detailed explanation-2: -CSR is a law in India. Under this law, corporates in the country have to do social work. CSR is included in social work, which is necessary for the upliftment of society, to uplift the needy sections of society.
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