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The Corporate Social Responsibility (CSR) Committee of a Company carries out the following functions:…

Under s.135 of the Companies Act, 2013 the CSR Committee formulates and recommends the CSR policy, recommends the expenditure for CSR activities and monitors the policy from…

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The Corporate Social Responsibility (CSR) Committee of a Company carries out the following functions:
A. To appoint an individual or a firm as an auditor.
B. To recommend a CSR Policy.
C. To recommend the amount of expenditure for the indicated activities.
D. To inspect the books of accounts during business hours.
E. To monitor the CSR policy of the company from time to time.

Select one answer
Answer and explanation

Correct answer C

Under s.135 of the Companies Act, 2013 the CSR Committee formulates and recommends the CSR policy, recommends the expenditure for CSR activities and monitors the policy from time to time; appointing auditors and inspecting books are not its functions, so the answer is "B, C, and E only".

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