IREDA becomes mini-ratna

Q.  What status has been awarded by the Department of Public Enterprises under the Union Ministry of Heavy Industry and Public Enterprises to the Indian Renewable Energy Development Agency Limited (IREDA) on 2nd June’15?
- Published on 18 Jun 15

a. Miniratna
b. Maharatna
c. Navratna
d. Ratna

ANSWER: Miniratna
 
The scheme of awarding Navratna, Miniratna (Category-1 and 2) status to public sector undertakings (PSUs) was started by the Union Government vide a notification dated 22 July 1997 so as to grant greater autonomy to PSUs to become global giants.

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