Correct option is A
The correct answer is: A (Navratna)
- In August 2008, the Government of India conferred the Navratna status on the Shipping Corporation of India (SCI).
- This status was given to public sector enterprises that have a good track record of performance and are expected to grow significantly in their respective sectors.
- The Navratna status provides companies with greater operational autonomy to make decisions related to investment, procurement, and personnel, which helps in improving their efficiency and competitiveness.
Information Booster:
- Miniratna: This status is granted to companies with good financial performance, but they do not have as much autonomy as Navratna companies.
- Maharatna: This is the highest status given to companies of national importance that have excellent financial performance and a strong track record.
- Dashratna: This is not a recognized status for public sector enterprises and does not exist.
English
100 Questions
100 Marks
90 Mins
