Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
PSE Status and Performance
The granting of Maharatna/Navratna/Miniratna status resulted in:
- Decline in PSE performance
- Better performance of these companies — Correct Answer
- Immediate privatisation
- Closure of these companies
Explanation:
Correct Answer Explanation
The granting of status resulted in better performance of these companies.
Key Points:
- Greater managerial and operational autonomy was given.
- Government later decided to retain them in public sector and enable global expansion.
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This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
