(QUIZ) Economy MCQs : Public Sector
(QUIZ) Economy MCQs : Public Sector
1. Consider the following statements about Maharatna Companies.
- To be eligible for the grant of the Maharatna status the company should have an average turnover of over Rs. 25000 crore.
- Average annual net profit of over Rs. 5000 crore during the last three years.
- To get Maharatna status it should be a Navratna firm.
- The main objective of the Maharatna scheme is to empower mega-central public sector.
Which of the above statements is / are true ?
- 1, 2, 3 & 4
- 2 & 3
- 1, 3 & 4
- 1, 2 & 3
2. Which one is not a Maharatna.
- ONGC
- NTPC
- SAIL
- HP
3. Consider the following statements about National Investment Fund (NIF).
- NIF CEO will be administratively attached to the PMO.
- 75% of the annual income of NIF will be used in finance selected social sector scheme.
Which of the above statements is / are true ?
- Both 1 & 2
- 2 only
- 1 only
- Neither 1 nor 2