Which of the following is/are the correct Criteria for grant of Maharatna status to CPSEs?
Which of the following is/are the correct Criteria for grant of Maharatna status to CPSEs?
A. An average annual turnover of more than Rs. 25,000 crore during the last 3 years
B. An average annual net worth of more than Rs. 15,000 crore during the last 3 years
C. An average annual net profit after tax of more than Rs. 5,000 crore during the last 3 years
D. All of these
Explanation:
NTPC has been recognised as a ‘Great Place to Work’ for the 15th year in a row by the Great Place to Work Institute. NTPC Limited was formerly known as National Thermal Power Corporation Limited is India’s largest energy conglomerate. It is a company incorporated under the Companies Act 1956 and is under the ownership of Ministry of Power. Criteria for grant of Maharatna status to CPSEs:
- The CPSEs meeting the following criteria are eligible to be considered for grant of Maharatna status.
- Having Navratna status
- Listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations
- An average annual turnover of more than Rs. 25,000 crore during the last 3 years
- An average annual net worth of more than Rs. 15,000 crore during the last 3 years
- An average annual net profit after tax of more than Rs. 5,000 crore during the last 3 years
- Should have significant global presence/international operations.