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

   I only. BRSR for listed companies is a SEBI listing disclosure, not an RBI mandate.

2. B

   II only

   II only. BRSR is largely non-financial ESG disclosure. That statement is scored. I is not.

3. C

   Both I and II

   Both. I fails.

4. D

   Neither I nor II

   Neither. II holds.

Summary. Official Set A key is (b) II only. Business Responsibility and Sustainability Report is SEBI’s format for listed companies (phased from FY 2021–22). It is ESG and largely non-financial — Statement II. Statement I is false: RBI does not mandate BRSR for all listed companies. So II only.