PSU Autonomy Categories

Question

The government improved PSU efficiency by granting which status categories?

Select an answer

The government improved PSU efficiency by granting which status categories?

  1. Gold, Silver and Bronze
  2. Maharatna, Navratna and Miniratna — Correct Answer
  3. Grade A, B and C
  4. First class, Second class and Third class
Explanation:
Correct Answer Explanation

PSEs were granted Maharatna, Navratna, and Miniratna status for greater managerial and operational autonomy.

Key Points:
  • Purpose: Improve efficiency, infuse professionalism, compete effectively.
  • Resulted in better performance.

📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL

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.

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