Question
Which of the following sets of financial criteria must a
Navratna company meet over the last three years to be eligible for the grant of Maharatna status?Solution
To be eligible for Maharatna status, a company does not simply "open" as one; it must be an existing Central Public Sector Enterprise (CPSE) that climbs the regulatory ladder. The Department of Public Enterprises lays out specific quantitative and qualitative benchmarks. Note: Option C correctly identifies these specific thresholds. Â Other Essential Criteria Financials alone aren't enough. The company must also meet these institutional requirements:
- Existing Status: It must already hold Navratna status.
- Stock Exchange Listing: It must be listed on the Indian stock exchange with the prescribed public shareholding under SEBI regulations.
- Global Presence: It should have a significant global presence or international operations.
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