Correct option is C
The correct answer is (C) NHPC.
Explanation:
As of October 2020, NHPC (National Hydroelectric Power Corporation) is NOT classified as a Maharatna company. The Maharatna status is given to public sector enterprises that have a strong financial standing and operational efficiency. IOCL, ONGC, and BHEL are classified as Maharatna companies.
Incorrect options explanations:
- IOCL: Indian Oil Corporation Limited is a Maharatna company.
- ONGC: Oil and Natural Gas Corporation is a Maharatna company.
- BHEL: Bharat Heavy Electricals Limited is a Maharatna company.
Information booster:
Maharatna Status:
- The Maharatna status was introduced in 2010 by the Government of India.
- Types of Ratna Companies:
- Maharatna: Highest status, providing enhanced autonomy, e.g., IOCL, ONGC, BHEL.
- Navratna: Provides operational autonomy, e.g., NTPC, GAIL, HAL.
- Miniratna: Empowered with financial autonomy, further divided into Category I and Category II, e.g., BSNL (Category I), Indian Railways (Category II).