Current Affairs · Public Sector Undertakings
What are the financial criteria for a Central Public Sector Enterprise (CPSE) to qualify for Mini Ratna Category-I status?
- 1The enterprise must have made net profits continuously for the last three years and have a positive net worth.
- 2The enterprise must have made a profit in the last year only and have a negative net worth.
- 3The enterprise must have made a pre-tax profit of at least Rs 30 crore in at least one of the last three years, have made profit in all three years, and have a positive net worth.✓
- 4The enterprise must be a Maharatna or Navaratna company to qualify as Mini Ratna Category-I.
Correct answer
The enterprise must have made a pre-tax profit of at least Rs 30 crore in at least one of the last three years, have made profit in all three years, and have a positive net worth.
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