Q. Which company has been recently upgraded to the status of Navratna CPSE (in May 2023)?
Answer:
Rail Vikas Nigam Limited
Notes: Navratna Companies are public sector companies that are given financial autonomy to invest up to Rs.1,000 crore without the Indian government’s approval.
The Union Finance Ministry recently upgraded the status of the Rail Vikas Nigam Limited (RVNL) from Category-I Miniratna to Navratna Central Public Sector Enterprise (CPSE).