Multiple choice

Which of the following statements is/are true?

  1. Maharatna PSUs are the biggest Public Sector Undertakings (PSU)'s of India.
  2. Till now (Sept 2012), there are five officially declared Maharatna Companies in India.
  3. These Maharatnas are allowed to take decisions on projects independently of Govt. for values up to Rs. 5000 crores.

  1. Only 1

  2. 1 & 2

  3. 1 & 3

  4. 2 & 3

  5. 1, 2 & 3
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

All three statements are correct. Maharatna PSUs are indeed the largest public sector companies in India with greater operational and financial autonomy. As of September 2012, there were five Maharatna companies: ONGC, NTPC, SAIL, Coal India, and BHEL. They could invest up to Rs. 5000 crores in projects without government approval.

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