CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company conferred with the status of Miniratna?
A
Bharat Sanchar Nigam Limited (BSNL)
B
Reliance Communications
C
Ashok Leyland
D
National Projects Construction Corporation Limited (NPCC)
Explanation: 

Detailed explanation-1: -Braithwaite conferred Miniratna-1 status, govt plans to merge it with RITES | The Financial Express.

Detailed explanation-2: -The government grants the status of Maharatna, Navratna, and Miniratna to Public Sector Undertakings (PSUs) and Central Public Sector Enterprises (CPSEs) based upon the profit made by these enterprises.

Detailed explanation-3: -Also, some of the CPSEs that fall into Miniratnas are BEML limited, airports authority of India (AAI), BSNL, central coalfields limited, etc.

Detailed explanation-4: -Miniratna central public sector enterprises are the ones where pre-tax profit incurred by the company is Rs. 30 crores or more in at least one of the three years and they also have a positive net worth eligible to be considered eligible for granting Miniratna status.

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