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
2. (b) II onlyCorrect answer
3. (c) Both I and II
4. (d) Neither I nor II

Answer: (b)