Which company was named as the highest profitable PSU in Public Enterprises Survey 2018-19?
A. Air India
B. NTPC
C. BSNL
D. ONGC
Answer:D
Which company was named as the highest profitable PSU in Public Enterprises Survey 2018-19?
A. Air India B. NTPC C. BSNL D. ONGC
Explanation: Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19, whereas BSNL, Air India and MTNL incurred highest losses for a third consecutive year, according to a survey tabled in Parliament. Their total profit share was 15.3 percent, 9.68 percent and 6.73 percent respectively.Total income of all CPSEs during 2018-19 stood at Rs 24,40,748 crore compared to Rs 20,32,001 crore in 2017-18, showing a growth of 20.12 per cent. The contribution of CPSEs to the central exchequer by way of excise duty, customs duty, GST, corporate tax, interest on central government loans, dividend and other duties and taxes stood at Rs 3,68,803 crore in 2018-19 as against Rs 3,52,361 crore in 2017-18, showing an increase of 4.67 per cent.