2026-2027 UPDATE WITH ALL COMPREHENSIVE
REAL EXAM QUESTIONS AND A DETAILED
BREAKDOWN OF ALL CORRECT VERIFIED
ANSWERS EXAM PLUS CERTIFIED RATIONALES |
COMPLETE TEST SOLUTION | PASSED & REWARDED
WITH DISTINCTION FOR ORIGINALLY GRADE A+
BRAND NEW!!!
1. Which of the following best defines Corporate
Social Responsibility (CSR)?
A) A company's obligation to maximize shareholder
profits within legal boundaries
B) The voluntary integration of social and
environmental concerns into business operations
and stakeholder relationships
C) A government-mandated program for corporate
philanthropy
D) A marketing strategy to improve brand image
without substantive change
Correct Answer: B
,Rationale: CSR is defined as the voluntary
integration of social and ecological concerns of
companies into their business operations and their
relationships with stakeholders. Option A reflects
the narrow shareholder primacy view, while C and
D misrepresent CSR as either purely mandatory or
purely promotional.
2. The concept of the Triple Bottom Line refers to:
A) Finance, marketing, and operations
B) People, planet, and profit
C) Cost, quality, and service
D) Strategy, structure, and systems
Correct Answer: B
Rationale: The Triple Bottom Line framework
evaluates organizational success across three
dimensions: social (people), environmental
(planet), and economic (profit). It expands
traditional financial reporting to include broader
societal and ecological impact.
,3. Which international standard provides guidelines
on social responsibility?
A) ISO 14000
B) ISO 26000
C) ISO 9001
D) ISO 45001
Correct Answer: B
Rationale: ISO 26000 is the international standard
that provides guidance on social responsibility,
covering key themes such as human rights, labor
practices, the environment, and anti-corruption.
ISO 14000 addresses environmental management,
ISO 9001 quality management, and ISO 45001
occupational health and safety.
4. Which of the following is NOT a CSR activity as
per Schedule VII of the Companies Act, 2013
(India)?
, A) Eradicating hunger and poverty
B) Promoting sports
C) Political donations
D) Promoting education
Correct Answer: C
Rationale: Schedule VII of the Companies Act,
2013 lists permissible CSR activities. Political
donations are explicitly excluded from qualifying
as CSR expenditure, as they fall outside the
purview of social development activities.
5. Which stakeholder group is directly influenced by
a company's CSR policies on fair wages and safe
working conditions?
A) Government
B) Investors
C) Employees
D) Media
Correct Answer: C