Which of the following Public Sector Enterprises (PSEs) has been declared as Maharatana by the Government of India?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Steel Authority of India Limited
SAIL was granted Maharatna status in 2010. The category is reserved for very large, consistently profitable Navratna companies that are listed and have a substantial global presence, and it gives the board far greater freedom in making investments.
The Airports Authority of India and BSNL hold lower categories, and HAL was a Navratna raised to Maharatna only later, so among the four given here SAIL is the answer.