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UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

  • question_answer
          Consider the following statements about the Navaratna status industries.
    1. Navaratna was originally assigned to nine public sector enterprises in 1997.
    2. The number of PSEs (Public Sector Enterprises) having Navaratna status is now more than 15 industries.
    Which of the statements given above is/are correct?

    A) 1 only                          

    B) 2 only

    C) Both 1 and 2 

    D)        Neither 1 nor 2

    Correct Answer: C

    Solution :

    Navratna was the title given originally to 9 Public Sector Enterprises (PSEs) identified by the government in 1997 as public sector companies that have comparative advantages enjoying greater autonomy to compete in the global market so as to support in their drive to become global giants. However, the number of PSEs (Public Sector Enterprises) having Navaratna status is now more than 15 industries.


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