Consider the following statements: 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 in nature. Which of the statements given above is/are correct?

UPSC Prelims 2025 Question:

Consider the following statements: 

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 in nature. 

Which of the statements given above is/are correct?

  • A. Only I
  • B. Only II
  • C. Both I & II
  • D. Neither I nor II
Correct Answer: Option B