Navratna Status For IRCTC & IRFC
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Last updated 5:46 AM on 5/1/25
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26 Terms
1
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On which date did IRCTC and IRFC receive Navratna status?
March 3, 2025
2
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What status was granted to IRCTC and IRFC in March 2025?
Navratna
3
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How many total Navratna CPSEs are there after IRCTC and IRFC were added?
26
4
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Which government body grants Navratna status?
Department of Public Enterprises (DPE), Ministry of Finance
5
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What is the main benefit of Navratna status for a CPSE?
Greater autonomy in investment and decision-making
6
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What is the investment limit under Navratna status without government approval?
₹1,000 crore or 15% of net worth per project
7
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What are companies allowed to do freely under Navratna status?
Form JVs, subsidiaries, mergers, and acquisitions
8
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Which strategic benefit does Navratna status offer globally?
Easier entry into foreign markets and alliances
9
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Which quality makes Navratna CPSEs attractive to investors?
Financial stability and autonomy
10
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What is the minimum score across performance indicators required for Navratna status?
60+
11
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For how many of the last 5 years must a CPSE receive "Excellent/Very Good" MOU ratings to qualify?
3
12
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What are some of the financial indicators considered for Navratna status?
EPS, RoCE, PBIT to turnover, manpower cost ratio
13
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Who is the CMD of IRCTC?
Sanjay Kumar Jain
14
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When was IRCTC established?
September 27, 1999
15
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What are the core functions of IRCTC?
Catering, tourism, online ticketing, e-catering
16
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What percentage of equity in IRCTC is held by the Ministry of Railways?
62.4%
17
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When was IRFC established?
December 12, 1986
18
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What is the primary role of IRFC?
Raising financial resources for Indian Railways
19
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Who is the CMD & CEO of IRFC?
Shri Manoj Kumar Dubey
20
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What percentage of equity in IRFC is held by the Ministry of Railways?
86.36%
21
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IRCTC and IRFC became the 25th and 26th companies with Navratna status under which category?
Central Public Sector Enterprises
22
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How many listed Indian Railways CPSEs now hold Navratna status after the inclusion of IRCTC and IRFC?
Seven
23
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What key financial performance indicator is used to evaluate CPSEs for Navratna status?
Earnings Per Share (EPS)
24
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What type of organization is IRFC considered under Indian corporate classification?
Public Sector Enterprise
25
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Besides ticketing and tourism, which service is managed by IRCTC?
E-catering services
26
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What is the minimum performance score required across six key indicators for Navratna eligibility?
60 or higher
Note 
Flashcards (27)