1.

Union Health and Family Welfare Ministry awarded the certificate of Miniratna Category-I status to Hospital Services Consultancy Corporation (I) Ltd (HSCC) for its consistency in excellent performance in top and bottom-line growth along with its turnover, particularly for the last five years. 1) These statuses are granted by the Department of Public Enterprises under Union Ministry of Heavy Industries and Public Enterprises. 2) The company boards are entitled to invest up to 300 crore rupees or up to 50 percent of their net worth, whichever is lower without seeking government permission to achieve Category-I status. Which of the above statement(s) is/are correct?

Answer»

Union Health and Family Welfare Ministry awarded the certificate of Miniratna Category-I status to Hospital Services Consultancy Corporation (I) Ltd (HSCC) for its consistency in excellent performance in top and bottom-line growth along with its turnover, particularly for the last five years.

1) These statuses are granted by the Department of Public Enterprises under Union Ministry of Heavy Industries and Public Enterprises.

2) The company boards are entitled to invest up to 300 crore rupees or up to 50 percent of their net worth, whichever is lower without seeking government permission to achieve Category-I status.

Which of the above statement(s) is/are correct?




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