Ircon International Limited and RITES Ltd, both under the Ministry of Railways, have been designated as the 15th and 16th Navratna companies among Central Public Sector Enterprises. The Ministry of Finance granted Navratna status to these companies on October 14, 2023.
The conferred Navratna status will provide these companies with several advantages, including enhanced market credibility and the ability to undertake larger-sized Public-Private Partnership projects. List of List of Maharatna, Navratna and Miniratna CPSEs
MCQs
Q.: Recently, which two Public Sector Enterprises were granted Navratna status?”
a) ONGC and BHEL
b) Ircon International Limited and RITES Ltd
c) SAIL and GAIL
d) Coal India Limited and NTPC Limited
Answer: b) Ircon International Limited and RITES Ltd
