Which of the following are the criteria for the grant of the Maharatna status to CPSE (Central Public Sector Enterprise)?
1. Listed on an Indian stock exchange with minimum prescribed public shareholding under the Securities and Exchange Board of India (SEBI) regulations.
2. Average annual turnover of more than Rs. 25,000 crore, during the last 3 years.
3. Average annual net worth of more than Rs. 15,000 crore, during the last 3 years.
4. Average annual net profit after tax of more than Rs. 10,000 crore, during the last 3 years.
Select the correct answer using the code given below:
1, 2 and 3 only
1, 3 and 4 only
1, 2 and 4 only
1, 2, 3 and 4
Criteria for the grant of the Maharatna status:
The CPSEs fulfilling the following criteria are eligible to be considered for the grant of the Maharatna status:
(i) Having Navratna status.
(ii) Listed on an Indian stock exchange with minimum prescribed public shareholding under the SEBI regulations.
(iii) Average annual turnover of more than Rs. 25,000 crore, during the last 3 years.
(iv) Average annual net worth of more than Rs. 15,000 crore, during the last 3 years.
(v) Average annual net profit after tax of more than Rs. 5,000 crore, during the last 3 years.
(vi) Should have significant global presence/international operations.
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