Which one of the following Central Public Sector Enterprises is a "Navratna"?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Mahanagar Telephone Nigam Limited
Central Public Sector Enterprises are graded Maharatna, Navratna and Miniratna, Maharatna being the highest. The grade decides how freely the company’s board can invest without the government’s approval.
Option (1) Indian Oil Corporation Limited — a Maharatna, among the first named in 2010.
Option (2) Steel Authority of India — a Maharatna, also from 2010.
Option (3) Central Coal Fields Limited — a subsidiary of Coal India and a Miniratna.
Option (4) Mahanagar Telephone Nigam Limited — a Navratna since 1997, the year the Navratna grade was introduced.