UPSC Previous Year Question | Prelims GS | 2025

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?

  1. I only
  2. II only
  3. Both I and II
  4. Neither I nor II

Answer

Correct Answer

II only

Explanation

It is SEBI, not RBI, that mandates the top listed companies to submit a Business Responsibility and Sustainability Report (BRSR), so statement I is incorrect. The BRSR captures ESG (Environmental, Social and Governance) related disclosures, which are largely non-financial in nature, making statement II correct.

Topics: brsr, corporate governance, economy