Granting Maharatna, Navratna or Miniratna status to a public sector enterprise mainly gives it

a guaranteed monopoly in its own marketCorrect answerYour answera ban on hiring new workersCorrect answerYour answermore freedom to take business decisionsCorrect answerYour answerexemption from paying any taxesCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

The status gives the board greater autonomy over investment and operations, so the firm can compete.

Concept: Ratna status
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsPrivatisation and disinvestment

Practise this chapter →

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Practise this chapter →

Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

Practise this chapter All 65 questions in Economic Reforms since 1991 (LPG)Revise the notes for Economic Reforms since 1991 (LPG)

Granting Maharatna, Navratna or Miniratna status to a public sector enterprise mainly gives it

Explanation