[amp_mcq option1=”Indian Aluminium Company Limited” option2=”Power grid Corporation of India” option3=”Rural Electrification Corporation” option4=”Steel Authority of India Ltd.” correct=”option3″]<\/p>\n
The correct answer is (c). Rural Electrification Corporation (REC) has not been accorded status of \u00e2\u0080\u0098Navaratua\u00e2\u0080\u0099.<\/p>\n
Navaratnas are a group of 17 public sector undertakings (PSUs) in India that have been identified as being of strategic importance to the country. They are considered to be among the best-performing PSUs and are given special treatment by the government.<\/p>\n
REC is a government-owned corporation that was established in 1969. It is responsible for financing, planning, and implementing rural electrification projects in India. REC has played a major role in the country’s rural electrification program, and has helped to bring electricity to millions of people who previously did not have access to it.<\/p>\n
However, REC has not been accorded status of \u00e2\u0080\u0098Navaratua\u00e2\u0080\u0099. This is likely because REC is not considered to be a strategic sector of the economy. The government has decided to focus its resources on developing other sectors, such as information technology and manufacturing.<\/p>\n
Despite not being a Navaratna, REC is still a very important PSU. It plays a vital role in the country’s rural electrification program, and has helped to improve the lives of millions of people.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Indian Aluminium Company Limited” option2=”Power grid Corporation of India” option3=”Rural Electrification Corporation” option4=”Steel Authority of India Ltd.” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196],"tags":[],"class_list":["post-2139","post","type-post","status-publish","format-standard","hentry","category-public-sector-undertakings","no-featured-image-padding"],"yoast_head":"\n