Business Studies

The central public sector enterprises BHEL, BPCL, GAIL, HPCL, IOC, MTNL, NTPC, ONGC, and SAIL were recognized as ______ by the government in 1997.


ANSWER

navaratnas


SOLUTION
The Maharatna firms can now decide on investments of up to 15 per cent of their net worth in a project while the Navaratna companies could invest up to Rs 1,000 crore without explicit government approval. Two categories of Miniratnas afford less extensive financial autonomy.
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Single Correct Medium Published on 18th 08, 2020
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