{"id":2852,"date":"2026-04-22T19:59:48","date_gmt":"2026-04-22T14:29:48","guid":{"rendered":"https:\/\/lotusarise.com\/qna\/?p=2852"},"modified":"2026-04-22T19:59:50","modified_gmt":"2026-04-22T14:29:50","slug":"consider-the-following-statements-11","status":"publish","type":"post","link":"https:\/\/lotusarise.com\/qna\/upsc\/prelims\/consider-the-following-statements-11","title":{"rendered":"Consider the following statements:\u00a0"},"content":{"rendered":"\n
    \n
  1. The\u00a0Reserve Bank of India<\/strong>\u00a0mandates\u00a0all the listed companies<\/strong>\u00a0in India to submit a Business Responsibility and Sustainability Report (BRSR).\u00a0\u00a0<\/li>\n\n\n\n
  2. In India, a company submitting a BRSR makes disclosures in the report that are\u00a0largely non-financial<\/strong>\u00a0in nature.\u00a0\u00a0<\/li>\n<\/ol>\n\n\n\n

    Which of the statements given above is\/are correct?   <\/p>\n\n\n\n

      \n
    • I only\u00a0<\/li>\n\n\n\n
    • II only\u00a0<\/li>\n\n\n\n
    • Both I and II\u00a0<\/li>\n\n\n\n
    • Neither I nor II\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
      \n

      Answer: (b) II only <\/strong><\/p>\n<\/blockquote>\n\n\n\n

        \n
      • The\u00a0Business Responsibility and Sustainability Report (BRSR)<\/strong>\u00a0is an Indian reporting framework aimed at improving the\u00a0disclosure of environmental, social, and governance (ESG) performance by listed companies<\/strong>.\n
          \n
        • It traces its origins to the \u2018Voluntary Guidelines on Corporate Social Responsibility\u2019 introduced by the\u00a0Ministry of Corporate Affairs in 2009<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • As per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations),\u00a0the\u00a0Securities and Exchange Board of India (SEBI)<\/mark>\u00a0(not RBI)\u00a0requires the top 1,000 listed companies<\/mark>\u00a0in India to submit a Business Responsibility and Sustainability Report (BRSR).\u00a0<\/strong>\n
            \n
          • This report includes disclosures on how these companies perform in relation to the nine principles outlined in the National Guidelines on Responsible Business Conduct.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
          • The BRSR is a non-financial reporting framework that requires companies to disclose their performance<\/strong>\u00a0on environmental, social, and governance (ESG) parameters\u00a0based on nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).<\/strong><\/li>\n<\/ul>\n\n\n\n
            Key Aspects of the BRSR Framework<\/strong><\/h6>\n\n\n\n
              \n
            • Mandate:<\/strong>\u00a0Applicable to the\u00a0top 1,000 listed entities,<\/strong>\u00a0requiring integrated reporting on ESG metrics.<\/li>\n\n\n\n
            • Structure:<\/strong>\u00a0BRSR reporting comprises three main sections:\u00a0General Disclosures, Management and Process Disclosures, and Principle-wise Performance Disclosures<\/strong>.<\/li>\n\n\n\n
            • Core Principles:<\/strong>\u00a0It is based on the\u00a0nine principles\u00a0<\/strong>of the National Guidelines for Responsible Business Conduct (NGRBC), focusing on ethics, transparency, employee well-being, environmental protection, and consumer value.<\/li>\n\n\n\n
            • Key Indicators:<\/strong>\u00a0The format includes both\u00a0essential indicators (mandatory) and leadership indicators (voluntary).<\/strong><\/li>\n\n\n\n
            • Assurance:<\/strong>\u00a0SEBI introduced the requirement of assurance on sustainability reporting, increasing accountability.<\/li>\n\n\n\n
            • Global Alignment:<\/strong>\u00a0BRSR is designed to align with global sustainability standards such as GRI and TCFD.\u00a0<\/li>\n<\/ul>\n\n\n\n
              \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

              Which of the statements given above is\/are correct?    Answer: (b) II only  Key Aspects of the BRSR Framework<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[3,1],"tags":[38],"years":[63],"class_list":["post-2852","post","type-post","status-publish","format-standard","hentry","category-prelims","category-upsc","tag-indian-economy","years-63"],"acf":[],"taxonomy_info":{"category":[{"value":3,"label":"Prelims"},{"value":1,"label":"UPSC"}],"post_tag":[{"value":38,"label":"Indian Economy"}],"years":[{"value":63,"label":"2025"}]},"featured_image_src_large":false,"author_info":{"display_name":"LotusArise","author_link":"https:\/\/lotusarise.com\/qna\/author\/team-lotusarise"},"comment_info":0,"category_info":[{"term_id":3,"name":"Prelims","slug":"prelims","term_group":0,"term_taxonomy_id":3,"taxonomy":"category","description":"","parent":1,"count":1251,"filter":"raw","cat_ID":3,"category_count":1251,"category_description":"","cat_name":"Prelims","category_nicename":"prelims","category_parent":1},{"term_id":1,"name":"UPSC","slug":"upsc","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":1269,"filter":"raw","cat_ID":1,"category_count":1269,"category_description":"","cat_name":"UPSC","category_nicename":"upsc","category_parent":0}],"tag_info":[{"term_id":38,"name":"Indian Economy","slug":"indian-economy","term_group":0,"term_taxonomy_id":38,"taxonomy":"post_tag","description":"","parent":0,"count":225,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/comments?post=2852"}],"version-history":[{"count":0,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2852\/revisions"}],"wp:attachment":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/media?parent=2852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/categories?post=2852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/tags?post=2852"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/years?post=2852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}