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Question
Which of the following is are not “Navaratna” company?

  1. Shipping Corporation of India Ltd

  2. Indian Oil Corporation

  3. Airports Authority of India

  4. MTNL


Select the answer using following codes :
Options:
A .  1 only
B .  2 only
C .  1 and 2
D .  2 and 3
Answer: Option D
Answer: (d)
Indian Oil Corporation is one of the seven Maharatna status companies of India.
Maharatna PSU has an investment ceiling from Rs 1,000 to Rs. 5,000 crores and can invest up to 15% of their net worth in a project.
AAI is a mini Ratna The Navaratna companies could invest up to Rs. 1,000 crores without explicit government approval.

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