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

  • question_answer
    Consider the following statements:
    1. Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions.
    2. Till now there are less than 50 public sector enterprises which have been given Miniratna status by the Indian government
    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 :

    Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions i.e Miniratna-I is up to Rs. 500 crore or equal to their net worth, whichever is lower. Miniratna-II: is up to Rs. 300 crore or up to 50% of their net worth, whichever is lower. Till now less than 50 public sector enterprises have been given Miniratna status by the Indian government.


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