Question
GSEasyPrelims 2025Economy

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?

Explanation

The Business Responsibility and Sustainability Report (BRSR) is a disclosure framework introduced by SEBI to promote transparency in a company’s non-financial performance, particularly in Environmental, Social, and Governance (ESG) areas.

Statement I: Incorrect

  • SEBI, not the RBI, mandates the submission of BRSR.
  • It applies to the top 1,000 listed companies by market capitalization.

Statement II: Correct

  • BRSR disclosures are mostly non-financial and focus on areas like environment, social responsibility, and governance.

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