SSC CHSL 2020 PYQ — Question 28

SSC CHSL - 13th October 2020 - Shift 2 • General Awareness • Q28

Which of the following companies was conferred with Maharatna status in October 2019?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e Hindustan Petroleum Corporation Limited

  • Hindustan Petroleum Corporation Limited was conferred with Maharatna status in October 2019.
  • The holding companies of a 'Maharatna' PSU are also empowered to transfer assets, float fresh equity and divest shareholding in subsidiaries, subject to the condition that the delegation will only be in respect of the subsidiaries set up by the holding company.