As of October 2020 which of the following enterprises is NOT classified as a Maharatna company?

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).