Which is the largest PSU in India today?

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The correct answer is 2 million.
The central public sector employs about 2 million (20 lakh) people in India. The sectors that have a sizable number of employees are coal, steel, textiles and engineering. The PSUs have spent a considerable amount in developing townships for their workers. For instance, nearly Rs 4000 crores was incurred as expenditure by the PSUs in 2000 on township maintenance and social overheads.

Correct!
The central public sector employs about 2 million (20 lakh) people in India. The sectors that have a sizable number of employees are coal, steel, textiles and engineering. The PSUs have spent a considerable amount in developing townships for their workers. For instance, nearly Rs 4000 crores was incurred as expenditure by the PSUs in 2000 on township maintenance and social overheads.

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The correct answer is Air-India.
In 1997, the Government identified eleven PSUs as Navratnas. These enterprises were BHEL, VSNL, MTNL, BPCL, HPCL, GAIL, IOC, IPCL, NTPC, ONGC and SAIL. Two of these, IPCL and VSNL were privatised and now India has 9 navratnas. The Government has also created a category called Miniratna, which is for companies that have made profits continuously for the last three years or earned a net profit of Rs 30 crores or more in three years. There were 41 government enterprises that were awarded Miniratna status, as of 2002.

Correct!
In 1997, the Government identified eleven PSUs as Navratnas. These enterprises were BHEL, VSNL, MTNL, BPCL, HPCL, GAIL, IOC, IPCL, NTPC, ONGC and SAIL. Two of these, IPCL and VSNL were privatised and now India has 9 navratnas. The Government has also created a category called Miniratna, which is for companies that have made profits continuously for the last three years or earned a net profit of Rs 30 crores or more in three years. There were 41 government enterprises that were awarded Miniratna status, as of 2002.

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The correct answer is 5.
There were only five central public sector enterprises at the commencement of the First Five-Year Plan with investment amounting to Rs 29 crores only. By 1980, there were 163 and in 2001, India had 234 public sector companies. Of the total investment in the PSUs in 2001, over 65 percent was in enterprises producing and selling goods while about 30 percent was in services. In the former, the important sectors are power, coal and lignite, petroleum and steel whereas in services, financial services are most important.

Correct!
There were only five central public sector enterprises at the commencement of the First Five-Year Plan with investment amounting to Rs 29 crores only. By 1980, there were 163 and in 2001, India had 234 public sector companies. Of the total investment in the PSUs in 2001, over 65 percent was in enterprises producing and selling goods while about 30 percent was in services. In the former, the important sectors are power, coal and lignite, petroleum and steel whereas in services, financial services are most important.

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The correct answer is IOC.
Indian Oil Corporation Limited is the country's largest commercial enterprise, with a sales turnover of Rs 1,23,628 crore ($27.47 billion) and profits of Rs 6,115 crore ($1.28 billion) for fiscal 2002. Indian Oil is the only Indian company in the Fortune 500 list of the world's 500 largest corporations, ranked 191 for the year 2003 based on fiscal 2002 performance. It is also the 17th largest petroleum company in the world.

Correct!
Indian Oil Corporation Limited is the country's largest commercial enterprise, with a sales turnover of Rs 1,23,628 crore ($27.47 billion) and profits of Rs 6,115 crore ($1.28 billion) for fiscal 2002. Indian Oil is the only Indian company in the Fortune 500 list of the world's 500 largest corporations, ranked 191 for the year 2003 based on fiscal 2002 performance. It is also the 17th largest petroleum company in the world.

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The correct answer is Gujarat Dairy Development Corp.
The Gujarat Dairy Development Corporation was deemed a sick PSU and referred to the Board for Industrial and Financial Reconstruction. In August 2003, BIFR designated Punjab National Bank as the monitoring agency for implementation of the revival scheme. Some other prominent central PSUs with the BIFR include Cycle Corporation of India Ltd, Hindustan Fluorocarbons Ltd, Jessop & Co and Hindustan Photo Films.

Correct!
The Gujarat Dairy Development Corporation was deemed a sick PSU and referred to the Board for Industrial and Financial Reconstruction. In August 2003, BIFR designated Punjab National Bank as the monitoring agency for implementation of the revival scheme. Some other prominent central PSUs with the BIFR include Cycle Corporation of India Ltd, Hindustan Fluorocarbons Ltd, Jessop & Co and Hindustan Photo Films.