UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

  • question_answer
          Which sentence is correct regarding CPSE?
    I. During the first five-year plan (1950-51 to 1955-56) there were only five CPSEs with a total financial investment (Including equity plus long-term loans) of as 290 million
    II. In 2015, there are as many as 290 CPSEs, wherein, 169 are Holding CPSEs and 121 are the subsidiaries.
    III. As of Mar 31, 2012, the total financial investment of CPSEs was 7,292.3 billion, showing a CAGR of around 12% during the same period.

    A) I & II                            

    B) Only I

    C) Only III                        

    D) All the above

    Correct Answer: D

    Solution :

    During the first five-year plan (1950-51 to 1955-56) there were only five CPSEs with a total financial investment (Including equity plus long-term loans) of Rs. 290 million, whereas at present, in 2015, there are as many as 290 CPSEs, wherein, 169 are Holding CPSEs and 121 are the subsidiaries. As of Mar 31, 2012, the total financial investment of CPSEs was 7,292.3 billion, showing a CAGR of around 12% during the same period.


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