Question:
"Navratan Policy of the government has helped in improving the performance of Public Sector Undertakings (PSUs) in India." Do you agree with the given statement? Justify your answer with valid arguments.
"Navratan Policy of the government has helped in improving the performance of Public Sector Undertakings (PSUs) in India." Do you agree with the given statement? Justify your answer with valid arguments.
Show Hint
Post-1991 reforms altered the RBI’s role towards monetary stability and inflation control. The Navratna Policy has empowered key PSUs to thrive in a competitive environment.
Updated On: Feb 3, 2025
Hide Solution
Verified By Collegedunia
Solution and Explanation
Yes, the Navratna Policy has contributed significantly to improving the performance of PSUs:
- Operational Autonomy: Under the Navratna Policy, select PSUs were granted greater autonomy in financial and operational decisions, allowing them to compete in the global market.
- Increased Competitiveness: PSUs like BHEL, ONGC, and NTPC have become competitive and efficient, contributing to India’s industrial development.
- Performance-based Accountability: The policy introduced performance benchmarks, leading to better efficiency and accountability in PSUs. Thus, the Navratna Policy has played a vital role in enhancing the performance of India's leading PSUs.
Was this answer helpful?
0
0
Top Questions on National Income Accounting
- Identify the correct formula:
- CUET (UG) - 2024
- Economics
- National Income Accounting
- If the domestic income of an economy is 2500 crores, the factor income from abroad is 300 crores, the consumption of fixed capital is 150 crores and Net National Product at factor cost is 2400 crores, then the Factor income paid to abroad will be:
- CUET (UG) - 2024
- Economics
- National Income Accounting
- Identify the correct statements:
(A) Depreciation is a flow concept
(B) Money supply is a stock concept
(C) Investment is a stock concept
(D) Depreciation is an annual allowance for wear and tear of a consumer good
Choose the correct answer from the options given below:- CUET (UG) - 2024
- Economics
- National Income Accounting
- On the basis of the given data, estimate the value of National Income:
- CBSE CLASS XII - 2024
- Economics
- National Income Accounting
- “Gross Domestic Product (GDP) Deflator Deflator is represented by the ratio of Real GDP and Nominal GDP.” Do you agree with the given statement? Justify your answer with valid arguments and a hypothetical numerical example.
- CBSE CLASS XII - 2024
- Economics
- National Income Accounting
View More Questions
Questions Asked in GATE XH-C1 exam
- Consider a two good economy where a denotes consumption of apricots and b denotes consumption of bananas. Anu's utility function is UAnu (a, b) = a + 2b, and Binu's utility function is UBinu (a, b) = min{a, 2b}. Anu initially has no apricots and 12 bananas. Binu initially has 12 apricots and no bananas. In the competitive equilibrium, which one of the following will be Anu's optimal consumption bundle ?
- GATE XH-C1 - 2024
- Utility Function
- Given an input line of numbers and words, a machine rearranges them following particular rule in each step. Here is an illustration of an input and rearrangement sequence (Step 1 to Step 5) :
Input: 61 wb ob 48 45 29 34 sb pb lb
Step 1: lb wb ob 48 45 29 34 sb pb 61
Step 2: lb ob wb 45 29 34 sb pb 61 48
Step 3: lb ob pb wb 29 34 sb 61 48 45
Step 4: lb ob pb sb wb 29 61 48 45 34
Step 5: lb ob pb sb wb 61 48 45 34 29
Step 5 is the last step of the above arrangement.
Based on the rules followed in the above steps, answer the following question :
Input: cb kb eb 58 49 23 38 jb nb gb 69 82
Which of the following represents the position of 58 in the fourth step? (Step-5 is the last step of the arrangement.)- GATE XH-C1 - 2024
- Sequence and Series
- How can businesses benefit from green finance?
- GATE XH-C1 - 2024
- Reading Comprehension
- Read the following passage carefully:
1. India has aimed to reduce the country’s carbon intensity by approximately 45 percent by 2030. To achieve this, ‘Green finance’ plays a vital role. At the initial stages, green finance needs a big push from the government. The Indian government has identified projects worth Rs. 25,000 crore that will be financed by proceeds from Sovereign Green Bonds.
2. According to the framework approved by the finance ministry, the sovereign green bonds will focus on financing public projects including renewable energy, climate change, clean transportation, sustainable water and waste management, and pollution control.
3. Businesses that take green finance can benefit in various ways. It can help them follow different environmental norms and regulations, thus avoiding possible fines. Adopting sustainable developmental practices enhances the brand value of businesses. Customers tend to prefer brands that adopt clear sustainable development practices. The energy-efficient and other sustainable development practices promoted by green finance also often help in saving costs and boosting the profitability of businesses.
4. -The Economic Times, April 22, 2023 (Modified) On the basis of the given text and common understanding, answer the following questions:- GATE XH-C1 - 2024
- Reading Comprehension
- Explain the changes that were observed in India's occupational structure during the British rule.
- GATE XH-C1 - 2024
- The elasticity of demand and its measurement
View More Questions