Consider the following statements: I. The Reserve Bank of India mandates all 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?

Options

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

Correct Answer

II only

Explanation

BRSR is mandated by SEBI (not RBI) for the top 1000 listed entities. It involves non-financial disclosures such as ESG and sustainability practices.

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