Economics · Indian Economy
What benefit do companies receive after being granted 'Navratna' status?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Authorization to set up subsidiary banks
- 2Direct funding from the RBI for expansion projects
- 3Exemption from paying corporate tax for five years
- 4Increased financial and administrative autonomy to invest up to ₹1,000 crore without govt approval✓
Correct answer
Increased financial and administrative autonomy to invest up to ₹1,000 crore without govt approval
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