Which of the following companies was bestowed the status of Maharatna company by the government of India in September 2017?

This question was previously asked in
RRB ALP CBT I 29 Aug 2018 Shift 2 Official Paper
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  1. Oil and Natural Gas Corporation (ONGC)
  2. Bharat Petroleum Corporation Limited (BPCL)
  3. National Thermal Power Corporation (NTPC)
  4. Steel Authority of India Limited (SAIL)

Answer (Detailed Solution Below)

Option 2 : Bharat Petroleum Corporation Limited (BPCL)
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Detailed Solution

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The correct answer is Bharat Petroleum Corporation Limited (BPCL)

Key Points

  • Central Public Sector Enterprises are categorized into three namely Maharatna, Navratna and Miniratna.
  • In 2017, Bharat Petroleum Corporation Limited (BPCL) received Maharatna status.

Important Points

  • As of Nov 2022, there were 12 Maharatna companies listed. They are:
    • 1. Bharat Heavy Electricals Limited
      2. Bharat Petroleum Corporation Limited. 
      3. Coal India Limited
      4. GAIL India Limited
      5. Hindustan Petroleum Corporation Limited
      6. Indian Oil Corporation Limited
      7. NTPC Limited
      8. Oil & Natural Gas Corporation Limited,
      9. Power Finance Corporation
      10. Power Grid Corporation of India Limited
      11. Rural Electrification Corporation Limited
      12. Steel Authority of India Limited

Additional Information

  • As of Nov 2022, there were 12 Navratna companies listed and they are mentioned below:

1.Bharat Electronics Limited
2. Container Corporation of India Limited
3. Engineers India Limited
4. Hindustan Aeronautics Limited
5. Mahanagar Telephone Nigam Limited
6. National Aluminium Company Limited
7. National Buildings Construction Corporation Limited
8. Neyveli Lignite Corporation Limited
9. NMDC Limited
10. Oil India Limited
11. Rashtriya Ispat Nigam Limited
12. Shipping Corporation of India Limited​

  • Miniratna CPSEs are divided into two categories namely Miniratna I and Miniratna II.
  • As of Nov 2022, there were more than 70 Miniratna companies and some of them are mentioned below:
    • Airports Authority of India (AAI)
    • Bharat Sanchar Nigam Limited (BSNL)
    • Indian Railway Catering & Tourism Corporation (IRCTC)
    • Engineering Projects (India) Limited.
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