Question

The role of public sector was redefined. In July _________, Government identified nine central public sector enterprises as 'Navaratnas'.

• A. $2007$
• B. $1997$
• C. $1967$
• D. $1957$

Answer 1

The correct option is B $1997$

The Maharatna firms can now decide on investments of up to 15 per cent of their net worth in a project; the Navaratna companies could invest up to Rs 1,000 crore without explicit government approval.