AIBE question and official answer

AIBE IX 2016 Set A Question 72

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Question 72 of 100 AIBE IX 2016 Set A

Which of the following Companies will have to constitute Corporate Social Responsibility Committee under the Companies Act, 2013

  1. A A Company having a net profit of 2.5 crores in a financial year, a net worth of 300 crores and a turnover of rupees 800 crore
  2. B A Company having a net profit of 3 crores, in a financial year, a net worth of 300 crores and a turnover of rupees 600 crore
  3. C A Company having a net profit of 5 crores or more, a net worth of 500 crores and a turnover of rupees 1000 crore or more Official answer
  4. D A Company having a net profit of 5 crores or more, a net worth of 500 crores and a turnover of rupees 5000 crore or more

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