In which year did Bharat Heavy Electricals Limited (BHEL) get the status of 'Maharatna' enterprise?

Question

UnlockIAS · Accepted Answer

Correct — C, 2013. Bharat Heavy Electricals Limited (BHEL), a Ministry of Heavy Industries Central Public Sector Enterprise (CPSE) and India's largest power-equipment manufacturer, was conferred 'Maharatna' status — the apex tier of the CPSE classification, above Navratna and Miniratna — in 2013, giving its board greater financial and investment autonomy.

Why the other options are wrong — (a) Not the year BHEL was elevated to Maharatna status.  (b) Not the year BHEL was elevated to Maharatna status.  (d) Not the year BHEL was elevated to Maharatna status.

Concept: The Department of Public Enterprises (DPE) classifies large, profitable, strategically important Central Public Sector Enterprises into three tiers — Maharatna (highest), Navratna, and Miniratna — based on financial strength (turnover, net profit, net worth over preceding years) and market presence. Higher tiers get greater operational autonomy, such as larger investment ceilings on projects and joint ventures without seeking prior government approval.

State PCS 2021 Q23 — Economy PYQ with Answer

State PCS 2021 Q23 — Economy PYQ with Answer