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?
Correct Answer: (b) II only
Statement I – Incorrect: It is SEBI (under SEBI (LODR) Regulations), not the RBI, that mandates BRSR for the top 1,000 listed companies by market capitalization.
Statement II – Correct: BRSR is largely a non-financial disclosure framework covering ESG performance aligned with the National Guidelines on Responsible Business Conduct (NGRBC).
