Eligibility for Miniratna status & types - General Economics & Indian Economy
Q. Which of the following statements is / are correct?
1. The PSU that have made profits in the last three years continuously and have positive net worth are eligible to be considered for grant of Miniratna status.
2. It must have average annual turnover of more than Rs. 1000 crore, during the last 3 years for grant of Miniratna status..
3. There are two categories of Miniratna: Miniratna-1 and Miniratna -2.
- Published on 11 Jul 15a. 1,2
b. 2,3
c. 1,3
d. All of the above
ANSWER: 1,3
Miniratna-I: up to Rs. 500 crore or equal to their net worth, whichever is lower.
Miniratna-II: up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.
