Site navigation

Every company under Section 135 of the Companies Act, 2013 shall spend at least ______ of average net…

Under s.135(5), every company covered by s.135 must spend at least two percent of its average net profits on CSR activities each financial year, not one, five, or ten percent.

Choose your answer

Every company under Section 135 of the Companies Act, 2013 shall spend at least ______ of average net profits on CSR activities.

Select one answer
Answer and explanation

Correct answer B

Under s.135(5), every company covered by s.135 must spend at least two percent of its average net profits on CSR activities each financial year, not one, five, or ten percent.

Practice for these exams

Related exam syllabi

Related questions in this topic