Multiple choice

Which of the following statements about the Navratna Scheme for granting greater financial and managerial autonomy to better performing Central Public Sector Enterprises (CPSEs) introduced in 1997 is/are correct? I. As many as 19 CPSEs have the Navratna status as on April 30, 2010 II. The scheme was introduced during the tenure of Murasoli Maran as Union Industries Minister III. Oil India Ltd (OIL) is the latest CPSE to be granted Navratna status

  1. I only

  2. I and II only

  3. II and III only

  4. III only

  5. I, II and III
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

All three statements are correct. As of April 30, 2010, there were indeed 19 CPSEs with Navratna status. The scheme was introduced in 1997 when Murasoli Maran was Union Industries Minister. Oil India Limited was granted Navratna status in 2010, making it the latest addition at that time.

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