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Question

Bharat Heavy Electricals Limited (BHEL) is a _________  company.

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
Maharatna

BHEL Maharatna Company Status

Bharat Heavy Electricals Limited (BHEL) is classified as a Maharatna company.

Understanding PSU Classifications

In India, the government categorizes major Public Sector Undertakings (PSUs) into different tiers based on performance, turnover, and profitability. The highest tier is Maharatna, followed by Navratna and Miniratna.

  • Maharatna: Awarded to CPSEs with an average annual net worth of over ₹7,000 crore, ₹35,000 crore turnover, and ₹10,000 crore in the last three years. Allows significant investment decisions without prior government approval.
  • Navratna: A lower tier with specific financial parameters, granting more financial autonomy than Miniratnas.
  • Miniratna: The entry-level category for PSUs eligible for enhanced financial powers.

BHEL meets the stringent criteria required for the Maharatna status, signifying its large scale of operations and financial strength.

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