state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 Current Affairs Business and Economy
Consider the following statements regarding Corporate Social Responsibility (CSR) in India:
1. CSR provisions under the Companies Act, 2013, apply to all companies operating in India.
2. In FY23, companies outside the public sector contributed the majority of the total CSR expenditure in India.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2