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    Question

    What is the total cost of the revival plan approved for

    Rashtriya Ispat Nigam Ltd. (RINL)?
    A ₹10,000 crore Correct Answer Incorrect Answer
    B ₹11,440 crore Correct Answer Incorrect Answer
    C ₹12,000 crore Correct Answer Incorrect Answer
    D ₹15,000 crore Correct Answer Incorrect Answer
    E ₹9,500 crore Correct Answer Incorrect Answer

    Solution

    The Cabinet Committee on Economic Affairs approved a ₹11,440 crore revival plan for RINL, which includes ₹10,300 crore as equity capital and ₹1,140 crore as Non-cumulative Preference Share Capital. This will help address working capital shortages and stabilize operations at the Visakhapatnam Steel Plant.

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