BRSR disclosure requirements — UPSC Prelims PYQ 2025

Consider the following statements:

1. The Reserve Bank of India mandates all the listed companies in India to submit a Business Responsibility and Sustainability Report (BRSR).
2. In India, a company submitting a BRSR makes disclosures in the report that are largely nonfinancial 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

Explanation

Statement I is incorrect, and Statement II is correct

• The Securities and Exchange Board in India (SEBI) developed the Business Responsibility and Sustainability Reporting (BRSR). The framework for the Business Responsibility and Sustainability Report requires companies to account for their value chain’s environmental impact, enhancing transparency, combating greenwashing, and ensuring that sustainability benefits permeate through the value chain.

Answer: (b) 2 only; Difficulty Level: Hard