Question

    What is the primary benefit of ‘Navratna’ status

    granted to IRCTC and IRFC?
    A Complete autonomy from government control Correct Answer Incorrect Answer
    B Ability to invest up to ₹1,000 crore or 15% of net worth without government approval Correct Answer Incorrect Answer
    C Exemption from financial audits Correct Answer Incorrect Answer
    D Special tax benefits for corporate earnings Correct Answer Incorrect Answer
    E Direct access to foreign markets without restrictions Correct Answer Incorrect Answer

    Solution

    Navratna status allows IRCTC and IRFC to invest up to ₹1,000 crore or 15% of net worth without government approval, enhancing operational flexibility.

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