#12 th Maharatna Company Flashcards

1
Q

Full form of REC

A

Rural electrification corporation

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2
Q

Full form of CPSE

A

Central public sector enterprise

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3
Q

What is REC

A

Non banking financial company
1969

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4
Q

REC comes under which ministry

A

Ministry of power

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5
Q

Minister of power

A

Rajkumar Singh

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6
Q

What is maharatna status

A

By union government for mega Central public sector enterprises to become global giants

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7
Q

Maharatna status was introduced in

A

2010

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8
Q

What is governments share in CPSEs

A

51% or more

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9
Q

Criteria of maharatna

A
  1. Company which has recorded more than 5000 crore of net
    profit for three consecutive years
  2. An average annual turnover of rupees 25000 crores for 3
    years
    OR
    And average annual net worth of 15000 crore for 3 years
  3. Having navratna status
  4. Listed under security and exchange board of India (SEBI)
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10
Q

Number of navratna companies in India

A

14

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11
Q

Classification of CPSE companies

A

Maharatn
navratn
miniratna category 1
miniratna category 2

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12
Q

Number of maharatna companies

A

12

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13
Q

Latest maharatna company

A

(REC) rural electrification corporation
12th

(PFC) power finance corporation..
11th

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14
Q

Number of mini Ratna companies

A

74

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15
Q

Chairman of REC

A

Vivek Kumar devaangan

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16
Q

REC was established in

A

1969

17
Q

Headquarter of REC

A

Gurugram ,Haryana

18
Q

When did India accorded maharatna status?

A

October 2021
*PFC(Public finance corporation)-11th public sector enterprise.

19
Q

In which year there were 5 PSU under gov. of India ownership?

A

1951