Which of the following PSU Companies are Navratna?
(A) SAIL
(B) SJVNL
(C) Rashtriya Ispat Nigam Ltd.
(D) NMDC
Choose the correct answer from the options given below:
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Navratna status is awarded to select PSUs in India that meet certain criteria, allowing them to make strategic decisions autonomously.
SAIL (Steel Authority of India) and NMDC (National Mineral Development Corporation) are classified as Navratna PSU companies. These companies have been granted enhanced powers to take investment decisions, enabling them to function independently.