Question
Consider the following statements:
- Union Government has announced that 5 sick public sector undertakings (PSUs) will be closed.
- It includes HMT, Hindustan Shipyard, BHEL, BEL, HPCL.
Answer: Option C
Answer: (c)The 5 sick PSU that will be closed include HMT and its three units, Hindustan Shipyard. Government also has declared Air India and MTNL as sick PSU units as per the criteria after they have incurred losses worth 50 per cent or more of their average net worth during past four years.
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Answer: (c)The 5 sick PSU that will be closed include HMT and its three units, Hindustan Shipyard. Government also has declared Air India and MTNL as sick PSU units as per the criteria after they have incurred losses worth 50 per cent or more of their average net worth during past four years.
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