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An amount of 2% of the profits has to be utilized for which purpose by industries?

As per the definition of OECD, Corporate responsibility involves the search for an effective ‘fit’ between businesses and the societies in which they operate. It is a company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. A change in company law in India was made in April 2014; businesses with annual revenues of more than 10 billion rupees should give 2% of their net profit to charity.

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1

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Which of the following is a small industry?

 1

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Which of the following cities is not an IT Centre?

 2

State whether the following statements are true or false. Correct the incorrect statements.

Small and medium industries of the country are harmful to heavy industries.

 2

State whether the following statements are true or false. Correct the incorrect statements.

The level of industrialization is an indicator of the economic development of a country.