Q. Which of the following is/are eligibility criteria to be considered for grant of “Maharatna status” to Central Public Sector Enterprise (CPSE)?
1. Having Navratna status.
2. Average annual turnover of more than Rs. 25,000crore, during the last 3 years.
3. Average annual net worth of more than Rs. 15,000crore, during the last 3 years.
Select the correct answer using the codes given below:

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D
Notes:

The CPSEs fulfilling the following criteria are eligible to be considered for grant of Maharatna status. 

  • Having Navratna status. 
  • Listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations. 
  • Average annual turnover of more than Rs. 25,000crore, during the last 3 years. 
  • Average annual net worth of more than Rs. 15,000crore, during the last 3 years. 
  • Average annual net profit after tax of more than Rs. 5,000crore, during the last 3 years. 
  • Should have significant global presence/international operations. 

Source: TMH Ramesh Singh 

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