Which of the following is NOT a Maharatna company?
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Which of the following is NOT a Maharatna company?
✓ Correct answer: b) Hindustan Copper Limited
ExplanationHindustan Copper Limited is not a Maharatna Company.Hindustan Copper Limited (HCL): HCL is a Schedule 'A' Miniratna Category - I Central Public Sector Enterprise.It operates under the administrative control of the Ministry of Mines, Government of India.Incorporated on 9th November 1967. Maharatna Status Eligibility Criteria: To qualify as a Maharatna CPSE, a company must meet one of the following criteria over three years: Average annual net profit of over Rs. 2,500 crore.Average annual turnover of Rs. 20,000 crore.Average annual net worth of Rs. 10,000 crore.Maharatna status grants certain benefits for investment decisions, including the authority to invest Rs. 1,000 crore - Rs. 5,000 crore in a project or up to 15% of their net worth in a project.Hence, the correct answer is option B.
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