| Consider the following criteria necessary to be included in the 'Maharatna' category of Indian Industries |
| 1. An average annual turnover of more than' 20000 crore during the last 3 years. |
| 2. An average annual net profit after tax of more than' 2500 crore during the last 3 years. |
| 3. An average annual net worth of more than 10000 crore during the last 3 years. |
| 4. Prior Navratna status. |
| Which of the criteria necessary to be included in the Maharatna Status given above are correct? |
A) 1, 2, 3 and 4
B) 1, 2 and 3
C) 2 and 3
D) 3 and 4
Correct Answer: A
Solution :
[a] CPSEs fulfilling the following criteria are eligible to be considered for grant of Maharatna status: Having Navratna status Listed on the Indian stock exchange, with a minimum prescribed public shareholding under SEBI regulations An average annual turnover of more than Rs. 20,000 crore An average annual net worth of more than Rs. 10,000 crore during the last three years An average annual net profit of more than Rs. 2,500 crore during the last 3 years Significant global presence or international operations
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