Question

What is the significance of Rashtriya Chemicals and Fertilizers (RCF) being granted Navratna status by the government of India?

A It allows RCF to establish operations internationally. Correct Answer Incorrect Answer
B It signifies RCF's commitment to environmental sustainability. Correct Answer Incorrect Answer
C It is the highest status awarded to a public sector enterprise (PSE) in India Correct Answer Incorrect Answer
D It indicates RCF's focus on producing specialty chemicals Correct Answer Incorrect Answer
E It provides RCF with tax exemptions for a specified period Correct Answer Incorrect Answer

Solution

Rashtriya Chemicals and Fertilizers (RCF) has been granted the Navratna status by the government of India. This is the highest status that can be given to a public sector enterprise (PSE). RCF is a leading manufacturer of fertilizers, chemicals, and specialty products. It has a market capitalization of over Rs 7,000 crore and employs over 10,000 people. The Navratna status is a recognition of RCF's achievements and its potential to play a leading role in the Indian economy

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