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Which of the following is NOT a public sector unit?
Question

Which of the following is NOT a public sector unit?

A.

NTPC

B.

ICICI

C.

BHEL

D.

BCCL

Correct option is B

The correct answer is ICICI.

  • ICICI (Industrial Credit and Investment Corporation of India) is not a public sector unit.
  • It is a private sector financial services company headquartered in India, primarily involved in banking
  • ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry.
  • The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses.
  • , insurance, and asset management.

Information Booster:

  • NTPC (National Thermal Power Corporation)- NTPC is a public sector company under the Ministry of Power, Government of India. It is the largest power generation company in India, involved in generating and selling electricity to state-owned power distribution companies.
  • BCCL (Bharat Coking Coal Limited)- BCCL is a subsidiary of Coal India Limited (CIL), a public sector undertaking under the Ministry of Coal, Government of India. BCCL specializes in mining coking coal used for steel production and operates primarily in Jharkhand.
  • BHEL (Bharat Heavy Electricals Limited)- BHEL is a public sector undertaking under the Ministry of Heavy Industries, Government of India. It is one of the largest engineering and manufacturing enterprises in India, specializing in the manufacture of electrical equipment.​

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