Which mega public sector undertaking is designated with Navratna status ?

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Q: (CDS-I/2021)
Which mega public sector undertaking is designated with ‘Navratna’ status ?

question_subject: 

Economics

question_exam: 

CDS-I

stats: 

0,33,72,32,11,29,33

keywords: 

{'bharat petroleum corporation limited': [0, 0, 0, 1], 'indianoil corporation limited': [0, 0, 0, 1], 'india limited': [1, 0, 3, 4], 'bharat electronics limited': [0, 0, 0, 3], 'public sector undertaking': [0, 0, 0, 1], 'gas authority': [0, 0, 0, 2], 'status': [1, 0, 2, 10]}

The correct answer is option 4, Bharat Electronics Limited. Bharat Electronics Limited is a mega public sector undertaking in India that has been designated with the `Navratna` status.

The term `Navratna` refers to nine jewels, and in the context of public sector undertakings in India, it represents a high level of financial autonomy and operational flexibility granted by the government. The Navratna status is awarded to public sector undertakings that meet certain criteria, such as having a consistent track record of profitability, net worth of at least INR 1,000 crores, and a minimum 3% annual growth.

While the other options mentioned in the question, IndianOil Corporation Limited, Gas Authority of India Limited, and Bharat Petroleum Corporation Limited, are all prominent public sector undertakings in India, they are not designated as Navratna companies. Therefore, the correct answer is option 4, Bharat Electronics Limited.