Which of the following Central Public Sector Enterprises (CPSE) does not fall under the category of 'Maharatna' listed (January, 2020) by the Department of Public Enterprises, Government of India?

Question

UnlockIAS · Accepted Answer

Correct — D, Oil India Limited. As of January 2020 the Department of Public Enterprises listed ten Maharatna CPSEs — BHEL, BPCL, Coal India, GAIL, HPCL, IOCL, NTPC, ONGC, Power Grid and SAIL. Oil India Limited was then a Navratna, not a Maharatna, so it is the enterprise that does NOT belong to the Maharatna category.

Why the other options are wrong — (a) BHEL was already a Maharatna (elevated in 2013), so it IS in the category — not the answer to a 'does not fall under' question.  (b) Coal India Limited is a long-standing Maharatna — inside the category, so not the answer.  (c) IOCL is one of the earliest Maharatnas — inside the category, so not the answer.

Concept: The Department of Public Enterprises grades large profitable CPSEs into three tiers — Maharatna (apex), Navratna and Miniratna — each giving the board progressively greater financial and investment autonomy. Maharatna is the top tier; the odd one out in this question sat one rung below, at Navratna, in January 2020.

State PCS 2020 Q8 — Economy PYQ with Answer

State PCS 2020 Q8 — Economy PYQ with Answer