Multiple choice general knowledge

"Navratna Status" is awarded to which of the following organizations/ units?

  1. Those IITs/IIMs who are doing good research work

  2. Defence production units/factories who are showing good profits

  3. Any public sector manufacturing unit doing well and earning good profits

  4. A public sector bank rated very hing by the RBI in the area of customer service and recovery of NPAs
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Navratna status is awarded to high-performing public sector enterprises (PSEs) that have demonstrated consistent financial performance and operational excellence. These companies get greater autonomy for investment, board decisions, and foreign operations. Option C correctly identifies that this status is for well-performing PSUs, particularly in manufacturing and infrastructure sectors. Options A, B, and D incorrectly specify IITs/IIMs, defence units, or banks specifically.

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