CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Cabinet approved the listing of 7 Central Public Sector Enterprises (CPSEs) on the stock exchanges through _________
A
Initial Public Offering (IPO)
B
Initial Private Offering (IPO)
C
Intellectual Property Offering (IPO)
D
Intellectual Public Offering (IPO)
Explanation: 

Detailed explanation-1: -Central Public Sector Enterprises (CPSEs) are those companies in which the direct holding of the Central Government or other CPSEs is 51% or more. As on 31st March 2021, there were 389 CPSEs (excluding insurance companies).

Detailed explanation-2: -The Department of Public Enterprises (DPE), Ministry of Finance is the nodal department for all the Central Public Sector Enterprises (CPSEs). As of October 2021, there are 12 Maharatnas, 12 Navratnas and 73 Miniratnas (divided into Category 1 and Category 2).

There is 1 question to complete.