Question

Consider the following statement about Coal India Limited

1. It is designated as Maharatna status PSU of the government of India.

2. Its headquarters are located in New Delhi.

3. It is the single largest coal-producing company in the world.

Which of the statements given above is/are correct?

1. Only 1
2. Only 1 and 3
3. Only 2 and 3
4. All of above

Answer 1

Correct Answer - Option 2 : Only 1 and 3

The correct answer is Only 1 and 3.

• Coal India Limited is a Maharatna status company and is the largest coal-producing company in the world. Hence statements 1 and 3 are correct.
• It was founded in 1975 after the nationalization of the coal industry in 1973 and its headquarters of Coal India Limited are located in Kolkata. Hence statement 2 is incorrect.
• CIL ranks 8th among the top 20 firms responsible for a third of all global carbon emissions.
• State-owned Coal India Ltd produced 602.14 million tonnes (MT) of coal in FY 2019-20, missing the target of 660 MT for the year.

List of Maharatna CPSEs

• Bharat Heavy Electricals Limited
• Bharat Petroleum Corporation Limited
• Coal India Limited
• GAIL (India) Limited
• Hindustan Petroleum Corporation Limited
• Indian Oil Corporation Limited
• NTPC Limited
• Oil & Natural Gas Corporation Limited
• Power Grid Corporation of India Limited
• Steel Authority of India Limited

List of Navratna CPSEs

• Bharat Electronics Limited
• Container Corporation of India Limited
• Engineers India Limited
• Hindustan Aeronautics Limited
• Mahanagar Telephone Nigam Limited
• National Aluminium Company Limited
• NBCC (India) Limited
• NMDC Limited
• NLC India Limited
• Oil India Limited
• Power Finance Corporation Limited
• Rashtriya Ispat Nigam Limited
• Rural Electrification Corporation Limited