Question

Do you agree or disagree with the following statement? Give reasons:

Indian Oil Corporation is one of the public sector units among 'Navratnas'.

Options

• Agree

• Disagree

Answer 1

Yes, I agree with this statement.

Reasons:

1. During 1997-98, nine public sector units were selected and given the status of Navratnas on the basis of their performance.
2. These nine Navratnas were given full financial and managerial autonomy.
3. Indian oil corporation is one of these nine Navratnas. Thus, Indian Oil Corporation is one of the public sector units among Navratnas.