Question

Bharat heavy electrical limited was founded in the year 1964 by Govt of India. It is the
largest power plant equipment manufacturer in the country with 74% market share in the power sector. It has been granted the prestigious Maharatana status in the year 2013 by Govt of India for its outstanding performance and vast scale. Maharatana status affords the boards of these companies enhanced financial and operational autonomy.
In context of the above case
(i) How will you classify Bharat Heavy Electrical Limited (BHEL) is a form of public sector enterprise?
(ii) State any three features of the form of public sector enterprise as identified in part (i) of the question
(iii) Explain briefly ‘financial and operational autonomy’ as a merit of this type of public sector enterprise

Answer 1

Answer:

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