Set A - UPSC Prelims 2025 Solutions

QQuestion

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?

OOptions

A) I only

B) II only

C) Both I and II

D) Neither I nor II

✓Correct Answer

B) II only

DDalvoy Solutions

Analyzing statements about Business Responsibility and Sustainability Report (BRSR):

I. RBI mandates all listed companies to submit BRSR: Incorrect. It is SEBI (Securities and Exchange Board of India), not RBI, that mandates BRSR for the top 1000 listed companies by market capitalization.

II. Companies submitting BRSR make largely non-financial disclosures: Correct. BRSR focuses on Environmental, Social, and Governance (ESG) parameters, which are predominantly non-financial in nature, including sustainability practices, social impact, governance structures, and stakeholder engagement.

BRSR replaced the earlier Business Responsibility Report (BRR) and provides a more comprehensive framework for sustainability reporting by Indian companies.

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SUPSC Prelims Strategy and Tips

For regulatory reporting questions, distinguish between different regulators (SEBI for capital markets, RBI for banking) and understand that sustainability reports focus on non-financial ESG metrics.

SUPSC Prelims 2025 Syllabus Analysis

Economics - Corporate governance and regulatory framework

AUPSC Prelims 2025 Question Analysis

Medium difficulty - requires knowledge of current corporate reporting requirements

Question 4

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