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Question
Businessmen are trustees of society.
Options
True
False
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Solution
This statement is True.
Explanation:
The statement “Businessmen are Trustees of Society” is based on Mahatma Gandhi's Trusteeship philosophy. Based on this principle:
- Business owners and industrialists should view themselves as trustees of the wealth and resources they manage.
- They are expected to use these resources properly, not only for personal gain but also for the benefit of society.
- This promotes ethical business activity, social responsibility, and inclusive development.
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