Correct option is B
The correct answer is: (b) Schedule A
Explanation:
On July 19, 2024, the Ministry of Railways, via an official memorandum, announced the upgrade of IRCTC from 'Schedule B' to 'Schedule A' category of Central Public Sector Enterprises (CPSEs).
On July 19, 2024, the Ministry of Railways, via an official memorandum, announced the upgrade of IRCTC from 'Schedule B' to 'Schedule A' category of Central Public Sector Enterprises (CPSEs).
The company has shown a CAGR of 50.63% in total income between FY 2021-22 and FY 2023-24.
Information Booster:
IRCTC is a Mini-Ratna PSU under the Ministry of Railways.
Upgraded to 'Schedule A' CPSE on July 19, 2024.
Recognized for: Strong financial growth and contributions to the hospitality, travel, and tourism sectors.
IRCTC's total income for FY 2023-24 was ₹4,434.66 crores, with a profit after tax of ₹1,111.26 crores.
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