CS Professional · CSR and Social Governance · Social Governance
A student traces how India's approach to social governance developed. Which sequence best reflects the general direction of its evolution?
The evolution ran from purely charity-based, voluntary giving towards structured, regulated and accountable mechanisms. Traditional philanthropy gradually gained formal frameworks, disclosures and institutions, so oversight increased rather than disappeared, and non-corporate entities and communities were not excluded.
- AFrom purely charity-based, voluntary giving towards structured, regulated and accountable mechanismsCorrect
- BFrom regulated mechanisms to complete absence of oversight
- CFrom corporate-only focus to a ban on non-corporate entities
- DFrom government-only action to prohibition of community role
Explanation
Social governance moved from traditional philanthropy and voluntary giving to formal frameworks such as CSR rules, disclosure and reporting norms, and institutions like the Social Stock Exchange. The other options describe reversals that did not occur.
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