AIBE IX 2016 Set A Question 36

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Question 36 of 100 AIBE IX 2016 Set A

How is the net worth of a foreign Company calculated for the purpose of Corporate Social Responsibility?

A The net worth will be calculated as per Section 198 of Companies Act, 2013
B It shall be calculated as per Section 197 of the Companies Act, 2013
C It shall be calculated as per Section 197 and Section 381 of the Companies Act, 2013
D It shall be calculated as per Section 198 and Sec. 381 of Companies Act, 2013. Official answer