In July $1997$ , which of the following has not been identified as a 'navaratna' public sector enterprise?

SAIL

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BHEL

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UTI

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ONGC

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Solution

The correct option is C UTI
UTI Mutual Fund was carved out of the erstwhile Unit Trust of India as a SEBI registered mutual fund from 1 February 2003.
The Unit Trust of India Act 1963 was repealed, paving way for the bifurcation of UTI into – Specified Undertaking of Unit Trust of India; and UTI Mutual Fund.

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Similar questions

Q41) Consider the following statements

1.The status of Maharatna, Navaratna and miniratna to public sector undertakings is given by the finance ministry

2. At present there are 7 Maharatna industries

Identify the correct statement(s)

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