With reference to the Corporate Social Responsibility (CSR), which of the statements is/are correct? 1. Companies Act 2014 introduces mandatory CSR. 2. Companies covered under this will have to spend at least one percent of their annual net profit in the activities under CSR. Select the correct answer using the codes given below: (a) 1 Only (b) 2 Only (c) Both 1 and 2 (d) Neither 1 nor 2