53rd to 55th B.P.S.C. (Pre) 2011

What was the maximum amount that was been provided as financial autonomy by the Ministry of Heavy Industries and Public Enterprises of the Union Government to the 'Mini Ratna', Category-I ?

aRs. 250 crore
bRs. 350 crore
cRs. 400 crore
dRs. 500 crore✓ Correct

Explanation

To retain the ‘Miniratna’ status, a Public Sector Undertaking (PSU) must have earned profits for the last three consecutive years. A PSU having the Miniratna status has autonomy to invest up to 500 crore rupees without government approval. As of December 2025, India has a total of 26 Navratna companies and 14 Maharatna companies. In October 2024, Hindustan Aeronautics Limited (HAL) was granted the status of the 14th Maharatna company.

economic-social-development