Consider the following Central Public Sector Enterprises 1 Indian Oil Corporation Limited 2 Bharat P...........

Economic Affairs Agricultural Finance

Consider the following Central Public Sector Enterprises:

1. Indian Oil Corporation Limited

2. Bharat Petroleum Corporation Limited

3. Steel Authority of India Limited

4. Oil andamp; Natural Gas Corporation Limited

5. Hindustan Petroleum Corporation Limited

Which of the above given company/companies is/are listed in the category of ‘Maharatna CPSEs’ in India?

1, 3 and 4 only

2, 3, 4 and 5 only

1, 2, 3 and 4 only

All of the Above

Option (c) is the answer.
Recently, State-run oil marketing company Bharat Petroleum Corporation (BPCL) got the status as a Maharatna company.
Now in total there are 10 Maharatna CPSEs (central public sector enterprises)’ are there in India.
They are: National Thermal Power Corporation(NTPC), Oil and Natural Gas Corporation(ONGC), Steel Authority of India Limited(SAIL), Bharat Heavy Electricals Limited(BHEL), Indian Oil Corporation Limited(IOCL), Coal India Limited(CIL), Gas Authority of India Limited(GAIL) and Bharat Petroleum Corporation (BPCL) Power Grid Corporation of India Ltd.
Hindustan Petroleum Corporation Limited has been conferred Maharatna status in 2019.
The “Maharatna” category for CPSEs was introduced in 2009 with objective to empower mega CPSEs to expand their operations and emerge as global giants.
Criteria for Maharatna status Under government rules, Central Public Sector Enterprises (CPSEs) must fulfill following criteria for grant of Maharatna status are, a) Having Navratna status.
b) Average annual turnover of more than Rs.
25,000 crore, during last 3 years.
c) Average annual net worth of more than Rs.
15,000 crore, during last 3 years.
d) Should have significant global presence and international operations.
e) Listed on Indian stock exchange with minimum prescribed public shareholding limit under SEBI regulations.