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As of October 2020, which was NOT a Maharatna?
Question

As of October 2020, which was NOT a Maharatna?

A.

National Thermal Power Corporation

B.

Oil and Natural Gas Corporation

C.

Steel Authority of India Limited

D.

Hindustan Aeronautics Limited

Correct option is D

The correct answer is (d) Hindustan Aeronautics Limited.
· As of October 2020, Hindustan Aeronautics Limited (HAL) was not a Maharatna company. It was categorized as a Navratna, a step below the Maharatna status.
· The Maharatna status is awarded to Central Public Sector Enterprises (CPSEs) that meet specific financial criteria, giving them greater financial autonomy.
· Companies like NTPC, ONGC, and SAIL had already attained Maharatna status by this time due to their significant contributions to India's economy and their financial performance.
Information Booster:
· National Thermal Power Corporation (NTPC): NTPC is India's largest power utility and was granted Maharatna status due to its extensive contributions to energy production.
· Oil and Natural Gas Corporation (ONGC): ONGC is a major player in India's oil and gas sector and has been a Maharatna since 2010 due to its financial strength and contributions to the industry.
· Steel Authority of India Limited (SAIL): SAIL, one of the largest steel-making companies in India, was awarded Maharatna status for its key role in India's industrial development.

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