Question

An amount of the profit have to be utilliuent for purpose by industries

Answer 1

Explanation:

When an industrialist or a group of industries work for the betterment of the society and for the conservation of the environment, it is known as Corporate Social Responsibility (CSR).Showing responsibility to society by helping needy people or needy organizations is an important task. With this objective, when an industry or a group of industries

Answer 2

Answer:

When an industrialist or a group of industries work for the betterment of the society and for the conservation of the environment, it is known as Corporate Social Responsibility (CSR).Showing responsibility to society by helping needy people or needy organizations is an important task. With this objective, when an industry or a group of industries have made a profit of over 5 crores, they are expected to spend at least 2% of their profits on acts benefitting the society.

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