A company submitting a BRSR makes disclosures in the report that are largely non-financial in nature

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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?

(a) I only

(b) II only

(c) Both I and II

(d) Neither I nor II

Correct Answer: (b) II only 

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