According to the Companies Act 2013, what activities can be undertaken by a company to fulfil its CSR obligations?
1. It can contribute to Prime Minister’s National Relief Fund
2. It can promote preventive healthcare in rural or urban areas
3. It can contribute to a recognized political party
Select the correct option from the codes given below:
[A] Only 1
[B] Only 1 & 2
[C] Only 1 & 3
[D] 1, 2 & 3
[toggles][toggle title=”Answer”]

[B] Only 1 & 2
The activities that can be undertaken by a company to fulfill its CSR obligations include almost every activity that takes India ahead in achieving the Millennium Development Goals. These activities include:

  • Eradicating Hunger, Poverty And Malnutrition
  • Promoting Preventive Healthcare
  • Promoting Education And Promoting Gender Equality
  • Setting Up Homes For Women, Orphans And The Senior Citizens
  • Measures For Reducing Inequalities Faced By Socially And Economically Backward Groups
  • Ensuring Environmental Sustainability And Ecological Balance, Animal Welfare, Protection Of National Heritage And Art And Culture
  • Measures For The Benefit Of Armed Forces Veterans, War Widows And Their Dependents
  • Training To Promote Rural, Nationally Recognized, Paralympic Or Olympic Sports
  • Contribution To The Prime Minister’s National Relief Fund Or Any Other Fund Set Up By The Central Government For Socio Economic

Development And Relief And Welfare Of Sc, St, Obcs, Minorities And Women

  • Contributions Or Funds Provided To Technology Incubators Located Within Academic Institutions Approved By The Central Government And Rural Development Projects.