Current Affairs · Public Sector Undertakings
Consider the following statements about Hindustan Shipyard Limited (HSL) and its recent recognition: 1. Hindustan Shipyard Limited (HSL), headquartered in Visakhapatnam, was conferred 'Mini Ratna' (Category I) status by the Government of India, allowing increased financial and operational autonomy. 2. HSL was transferred to the Ministry of Defence in 2010 after decades of financial distress, but it achieved sustained profitability for nine of the last ten years, except during the pandemic year 2020-21. 3. To be eligible for Mini Ratna Category I status, a CPSE must have made profits for the last five consecutive years. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 23 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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