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      Question

      What is the total amount approved by the Cabinet for the

      revival of Rashtriya Ispat Nigam Ltd. (RINL)?
      A ₹11,000 crore Correct Answer Incorrect Answer
      B ₹11,440 crore Correct Answer Incorrect Answer
      C ₹12,000 crore Correct Answer Incorrect Answer
      D ₹13,500 crore Correct Answer Incorrect Answer
      E ₹15,000 crore Correct Answer Incorrect Answer

      Solution

      The Cabinet Committee on Economic Affairs (CCEA) approved a revival plan for Rashtriya Ispat Nigam Ltd. (RINL) with a total infusion of ₹11,440 crore, which includes ₹10,300 crore as equity capital and ₹1,140 crore converted to 7% Non-cumulative Preference Share Capital. This plan aims to stabilize RINL’s operations and revitalize the Visakhapatnam Steel Plant.

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