Gandhian Trusteeship Concept Explained
The question asks to identify the concept that represents the Gandhian idea of social responsibility.
- Mahatma Gandhi proposed the concept of Trusteeship as his unique approach to social responsibility, particularly concerning wealth and ownership.
- This concept suggests that individuals possessing wealth should act as 'trustees' of that wealth, managing it not for personal gain but for the benefit of society, especially the less fortunate. It emphasizes moral responsibility over legal obligation.
Analysis of Options
Let's examine why the other options are not the primary Gandhian concept for social responsibility:
- Social commitment concept: This is a general term and not specific to Gandhi's unique philosophy. While Trusteeship involves social commitment, it's a distinct principle.
- Sustainable development concept: This is a more modern concept focused on balancing economic growth with environmental and social concerns. It differs from Gandhi's socio-economic and ethical framework.
- Welfare concept: This is a broad term referring to the well-being of people. Gandhi's concept of Trusteeship provides a specific mechanism and ethical foundation for achieving societal welfare through responsible wealth management.
Therefore, the Trusteeship concept is the correct representation of the Gandhian notion of social responsibility.
Important Questions from Corporate Social Responsibility (CSR)
On which of the following principles is Andrew Carnegie's view on Corporate Social Responsibility, as reflected in his book, 'The Gospel of Wealth' based?
(a) Peter Principle
(b) Scaler Principle
(c) Charity Principle
(d) Steward Principle
Choose the correct option from the following:
Which of the following are part of Corporate Social Responsibility (CSR) to consumers?
a) Reasonable chances and the proper system for accomplishment and promotion
b) To supply goods at reasonable prices even when there is sellers market
c) Improving the efficiency of the business operation
d) To provide an opportunity for being heard and redress genuine grievances
Choose the correct answer from the options given below
As per Carroll Model, the four levels of Corporate Social Responsibility are :
What is the minimum prescribed net profit threshold for Companies to be required to undertake Corporate Social Responsibility activities under clause 135 of the Companies Act, 2013?
What is the 'Triple Bottom Line Approach' in CSR as mentioned in the passage?
