by Q. Consider the following statements:
UPSC Civil Services Examination (Prelims) 2025 – General Studies Paper I
I. The Reserve Bank of India mandates all the listed companies in India to submit a Business Responsibility and Sustainability Report (BRSR).
II. In India, a company submitting a BRSR makes disclosures in the report that are largely non-financial.
Which of the statements given above is/are correct?
(a) Only I
(b) Only II
(c) Both I and II
(d) Neither I nor II
Answer: (b) Only II
Explanation:
- Statement I is incorrect: Business Responsibility and Sustainability Report (BRSR) is mandated by SEBI, not the Reserve Bank of India.
- Statement II is correct: Business Responsibility and Sustainability Report (BRSR) disclosures primarily include non-financial information such as governance, environmental performance, and social impact. It is part of ESG (Environmental, Social, and Governance) compliance efforts.
