Which of the following Central Public Sector Enterprises (CPSEs) are classified as ‘Maharatna’ ? I. Indian Oil Corporation Limited II. Steel Authority of India Limited III. Airports Authority of India IV. Bharat Sanchar Nigam Limited Options :
None of the above
‘Maharatna’ is the highest of the three ‘Ratna’ categories (Maharatna, Navratna, Miniratna) granted by the Department of Public Enterprises to large, profit-making listed CPSEs, giving their boards wide financial autonomy. As of 2026 there are 14 Maharatna CPSEs.
Statement I — Indian Oil Corporation Limited is a Maharatna CPSE; it was among the first companies given the status in 2010. Correct.
Statement II — Steel Authority of India Limited is also a Maharatna CPSE, granted the status in 2010. Correct.
Statement III — Airports Authority of India is a statutory body set up under the Airports Authority of India Act, 1994; it holds Miniratna (Category-I) status, not Maharatna. Incorrect.
Statement IV — Bharat Sanchar Nigam Limited is a loss-making telecom CPSE and does not hold Maharatna status. Incorrect.
Only I and II are Maharatna. Every listed combination includes III or IV (or leaves out II), so none of the four combinations matches.
None of the above option is correct.
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