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UPSC Prelims 2025 GS Paper 1, question 4

Topic: Economy

Q4

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. (a) I only
  2. (b) II onlyCorrect answer
  3. (c) Both I and II
  4. (d) Neither I nor II

Solution.

Answer: (b) II only

  1. Statement I is incorrect: the Business Responsibility and Sustainability Report (BRSR) is mandated by the Securities and Exchange Board of India (SEBI), not the Reserve Bank of India, and applies to the top 1,000 listed companies by market capitalization (not all listed companies).
  2. Statement II is correct: BRSR disclosures focus on Environmental, Social, and Governance (ESG) performance metrics, which are largely non-financial in nature.