Question Answer
The Govt. of India has asked all big companies and corporates to create a separate fund for their ‘Corporate Social Responsibility Activities’. What is/are the purpose(s) of this directive issued by the Govt. ? To ensure that companies spend some money on social activities. To bring transparency in matters of financial transactions and dealings by corporates. To ensure that corporate entities do not get involved in non commercial activities in the name of social activities as they are required to spend money only on the welfare of the employees and their families.
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