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    Question

    Under which classification is the Sagarmala Finance

    Corporation Limited (SMFCL) categorized as a CPSE?
    A Maharatna Correct Answer Incorrect Answer
    B Navratna Correct Answer Incorrect Answer
    C Mini Ratna Category-I Correct Answer Incorrect Answer
    D Schedule B CPSE Correct Answer Incorrect Answer
    E Public Trust Correct Answer Incorrect Answer

    Solution

    SMFCL, formerly known as Sagarmala Development Company Limited, has been reclassified as a Mini Ratna, Category-I Central Public Sector Enterprise (CPSE). It is India’s first maritime-focused NBFC, registered with the RBI on June 19, 2025.

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