What among the following is not true on Corporate Social Responsibility (CSR) law in India?

Question

Answer

For CSR, the corporates can invest their profits in areas such as education, poverty, gender equality, and hunger.

Answer

India is the first country in the world to make CSR mandatory

Answer

CSR is a voluntary activity for the corporates

Answer

Corporate can spend two percent of their average net profit of past three years in CSR

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