Social Responsibilities of Business and Business Ethics — Important Questions
CBSE · Class 11 · Business Studies
114 important questions from Social Responsibilities of Business and Business Ethics for CBSE Class 11 Business Studies, with answers.
Interactive on Super Tutor
Studying Social Responsibilities of Business and Business Ethics? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.
Free trial, no card needed.
Important Questions from Social Responsibilities of Business and Business Ethics
What is the primary purpose of business ethics?
Show answer
To govern the relationship between business objectives and societal good
Business ethics concerns itself with ensuring business practices serve the broader interests of society.
Which Indian law governs the concept of Corporate Social Responsibility?
Show answer
Companies Act, 2013
Clause 135 of the Companies Act, 2013 specifically governs CSR in India.
What percentage of average net profit are companies encouraged to spend on CSR activities?
Show answer
2%
The Companies Act encourages companies to spend 2% of their average net profit in the previous three years on CSR activities.
Which of the following is NOT a universal virtue of ethics mentioned in the chapter?
Show answer
Maximize profits
The universal virtues listed do not include maximizing profits, but focus on ethical behaviors like trustworthiness, respect, and fairness.
+110 more questions on Social Responsibilities of Business and Business Ethics (CBSE Class 11 Business Studies)
Practise AllFrequently Asked Questions
What are the important topics in Social Responsibilities of Business and Business Ethics for CBSE Class 11 Business Studies?
How many important questions are there in Social Responsibilities of Business and Business Ethics?
Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for Social Responsibilities of Business and Business Ethics
Practice Quiz
Test yourself with a quick quiz
Revision Notes
Key points for last-minute revision
Chapter Summary
Understand the chapter at a glance
Concept Maps
See how topics connect
Study Plan
Step-by-step plan for this chapter
Flashcards
Quick-fire cards for active recall
Syllabus
What topics to cover
NCERT Solutions
Every textbook question solved step by step
For serious students
Get the full Social Responsibilities of Business and Business Ethics chapter — start free.
Quizzes, flashcards, an AI doubt solver and a study plan for CBSE Class 11 Business Studies. Free to start, no card needed.