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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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