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Multiple choice commercial applications public sector enterprises role of government and development policies government companies government and taxes

The role of public sector was redefined. In July _________ Government identified nin central public sector enterprises as 'Navaratnas'.

  1. $2007$

  2. $1997$

  3. $1967$

  4. $1957$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Navaratna companies can invest up to Rs 1,000 crore without explicit government approval. "Miniratnas" can afford less extensive financial autonomy.