NCERT · Class 11 · Economics · Liberalisation, Privatisation and GlobalisationWhat is 'Navratnas' in the context of Indian public sector enterprises?
Step-by-Step Solution
Navratnas refer to selected high-performing public sector enterprises that were granted greater managerial and operational autonomy by the government.
Detailed Options Breakdown
Option : Nine private multinational companies
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Liberalisation, Privatisation and Globalisation.
Option 1: Selected high-performing public sector enterprises (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Nine agricultural boards
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Liberalisation, Privatisation and Globalisation.
Option 3: Nine foreign banks operating in India
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Liberalisation, Privatisation and Globalisation.
💡 Study Guide: This question tests core syllabus concepts from Liberalisation, Privatisation and Globalisation. For formulas, key summaries, and mock exam reference guides, read the full Liberalisation, Privatisation and Globalisation Revision Notes.