Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 995)
995.
Which company emerged as the most profitable Public Sector Undertakings (PSUs) in 2017-18?
Power Grid Corporation
National Thermal Power Corporation Limited
Indian Oil Corporation
Oil and Natural Gas Corporation
Answer: Option
Explanation:
Indian Oil Corporation, Oil and Natural Gas Corporation (ONGC) and NTPC emerged as the top three most profitable Public Sector Undertakings (PSUs) in 2017-18. Coal India and Power Grid Corporation occupied the fourth and fifth spot in the list of top 10 profit making CPSEs (Central Public Sector Enterprises) in the 2017-18 fiscal. BSNL, Air India and MTNL incurred the highest losses for the second consecutive year.
Discussion:
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