FULLFORMDEFINITION
This section includes 17 fullforms, each offering curated multiple-choice questions to sharpen your Navratna Central Public Sector Enterprise knowledge and support exam preparation. Choose a topic below to get started.
| 1. | 
                                    OIL meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer» What is Oil India Limited mean?  Oil India Limited (OIL) is the second largest government owned hydrocarbon exploration and production corporation. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India, with its operational headquarters in Duliajan, Assam, India. The corporation is a Navratna with its offices in Noida, Uttar Pradesh, Guwahati and Jodhpur. OIL is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The company's history spans the discovery of crude oil in India in the year 1889, this was second in the World in the far east of India at Digboi and Naharkatiya, Assam to its present status as a fully integrated upstream petroleum company presently operating in more than 9 locations overseas. Recently, OIL acquired majority shares in Numaligarh Refinery Limited (NRL) from Bharat Petroleum Corp. Ltd. , thus making NRL a subsidiary of OIL. reference | 
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| 2. | 
                                    CCIL meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer»   INFO: Full form for CCIL is Container Corporation of India Limited in Navratna Central Public Sector Enterprise category   | 
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| 3. | 
                                    RINL meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer» What is Rashtriya Ispat Nigam Limited mean?  Rashtriya Ispat Nigam Ltd, (abbreviated as RINL), also known as Vizag Steel, is a government owned steel producer based in Visakhapatnam, India. It is under the ownership of Ministry of Steel , Government of India . RINL is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. VSP is a 7.3 MTPA plant. It was commissioned in 1992 with a capacity of 3.0 MTPA of liquid steel. The government enterprise subsequently completed its capacity expansion to 6.3 MTPA in April 2015 and to 7.3 MTPA in December 2017. The company has one subsidiary, viz. Eastern Investment Limited (EIL) with 51% shareholding, which in turn is having two subsidiaries, viz. M/s Orissa Mineral Development Company Ltd (OMDC) and M/s Bisra Stone Lime Company Ltd (BSLC). The company has a partnership in RINMOIL Ferro Alloys Private Limited and International Coal Ventures Limited in the form of joint ventures with 50% and 26.49% shareholding respectively. reference | 
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| 4. | 
                                    EIL meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer» What is Engineers India Limited mean?  Engineers India Limited (EIL) is a government corporation. It is under the ownership of Ministry of Petroleum and Natural Gas , Government of India. It was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. EIL has its head office at Bhikaji Cama Place, New Delhi. EIL also has: an R&D complex at Gurgaon,a branch office at Mumbai,regional offices at Kolkata, Chennai, Vadodara,inspection offices at all major equipment manufacturing locations in India.overseas offices in London (England), Italy, Abu Dhabi and Malaysia.EIL has two wholly owned subsidiaries, Ramagundam Fertilizers and Chemical Limited Head Office in New Delhi and fertilizer and chemical plant in Ramagundam, Telangana, and Certification Engineers International Ltd, to undertake Independent Certification, and Third-Party Inspection (TPI) assignments. Tata Projects Limited (TPL) and Engineers India Ltd (EIL) signed a Memorandum of Understanding (MoU) in July 2007 to incorporate a Joint-Venture (JV) Company which would undertake Engineering, Procurement and Construction (EPC) projects in India and abroad. The JV Company named TEIL Projects Limited was incorporated on 15 July 2008 in Delhi as a Public Limited Company (PLC). EIL secured a Consultancy Services Contract from Bharat Petroleum Corporation Ltd (BPCL) for the Integrated Refinery Expansion Project (IREP) in Kochi at a fee of ₹720 crore on 6 July 2012. reference | 
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| 6. | 
                                    HPCL meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Hindustan Petroleum Corporation Limited mean?  Hindustan Petroleum Corporation Limited (HPCL) is a subsidiary of Oil and Natural Gas Corporation which is under the ownership of Ministry of Petroleum and Natural Gas of the Government of India with its headquarters in Mumbai, Maharashtra. It has a 25% market-share in India among public sector undertakings (PSUs) coupled with a strong marketing infrastructure. Its parent company is ONGC which owns a majority stake in the company. The company is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016. HPCL was removed from NIFTY 50 INDEX in March 2019 On 24 October 2019, the company became a Maharatna PSU. reference
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| 7. | 
                                    MTNL meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Mahanagar Telephone Nigam Limited mean?  Mahanagar Telephone Nigam Limited, d/b/a MTNL, is a wholly owned subsidiary of Bharat Sanchar Nigam Limited headquartered in New Delhi, India. MTNL Provides services in the metro cities of Mumbai and New Delhi in India and in the island nation of Mauritius in Africa. The company had a monopoly in Mumbai and New Delhi until 1992, when the telecom sector was opened to other service providers. "Transparency makes us different" is the motto of the company. The Bharat Sanchar Nigam Limited currently holds 100% stock in the company. The company's shares are listed on Bombay Stock Exchange, Global depository receipts on London Stock Exchange and American depository receipts on New York Stock Exchange. As of June 2021, it has 3.28 million subscribers. It is also a public sector enterprise of Navratna status which is given by Government of India to the best performing state owned companies. reference
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| 8. | 
                                    NALCO meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer» What is National Aluminium Company Limited mean?  National Aluminium Company Limited, abbreviated as NALCO, (incorporated in 1981) is a government company having integrated and diversified operations in mining, metal and power under the ownership of Ministry of Mines, Government of India. Presently, Government of India holds a 51.5% equity in NALCO. It is one of the largest integrated Bauxite-Alumina-Aluminium-Power Complex in the country encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations [1]. The Company is the lowest-cost producer of metallurgical grade alumina in the World and lowest-cost producer of Bauxite in the world as per Wood McKenzie report. With sustained quality products, the Company’s export earnings accounted for about 42% of the sales turnover in the year 2018-19 and the Company is rated as 3rd highest net export earning CPSE as per Public Enterprise Survey report. To face the challenges of ever-evolving market and position the Company in a sustainable growth path, a new corporate plan has been developed with well-defined 3 year action plan, 7 year strategy & 15 years vision of being a Premier and Integrated Company in the Aluminium value chain with strategic presence in Mining both domestic & global, Metals and Energy sectors. The Corporate Plan has chalked out a roadmap for multifold growth in revenue and Profit by 2032. As a responsive Corporate, the Company is harnessing renewable energy aligning to the ambitious programmes of Govt. of India. The Company has already commissioned 198 MW wind power plants and further 50 MW wind power plants are in pipeline, making it the highest producer of renewable energy among PSUs. reference | 
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| 9. | 
                                    RECL meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Rural Electrification Corporation Limited mean?  REC Limited, formerly Rural Electrification Corporation Limited, is a public Infrastructure Finance Company in India’s power sector. The company is a Public Sector Undertaking and finances and promotes power projects across India. The company provides loans to Central/State Sector Power Utilities in the country, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers. On 7 December 2018, the Cabinet Committee of Economic Affairs gave its in-principle approval for the sale of 52.63% REC to the state-owned Power Finance Corporation (PFC). On 20 March 2019, PFC signed the agreement to acquire a 52.63% controlling stake in REC for ₹14,500 crore (US$1.9 billion). On 28 March, PFC announced that it had completed making the payment for the acquisition and intended to merge REC with itself in 2020. reference
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| 10. | 
                                    NBCC meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is National Buildings Construction Corporation Limited mean?  NBCC (India) Limited (formerly National Buildings Construction Corporation Limited) is a blue-chip Indian government corporation. It is under the ownership of Ministry of Housing and Urban Affairs , Government of India. The company's present areas of operations are categorized into three main segments, i.e. (i) Project Management Consultancy (PMC), including redevelopment of government properties, (ii) Engineering, Procurement & Construction (EPC) and (iii) Real Estate Development. NBCC acquired 100 per cent stake in Mini Ratna hospital consultancy firm Hospital Services Consultancy Corporation Limited (HSCC) from Ministry of Health and Family Welfare on 6 November 2018. The organization acquired over 51% stake in Hindustan Steelworks Construction Limited (HSCL), a PSU under the Steel Ministry in 2017. NBCC is headquartered in New Delhi and it has 31 regional offices across India. The projects undertaken by the company are located across India and in countries such as Iraq, Libya, Nepal, Mauritius, Turkey, Botswana, Maldives, Yemen, Oman, UAE, Dubai and Africa. The organization has executed several landmark projects that include re-development of government properties, construction of Roads, Railway Stations, Hospitals & Medical Colleges, Institutions, Offices, Bridges, and Industrial & Environmental Structures. NBCC is designated as the implementing agency for executing projects under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), Pradhan Mantri Gram Sadak Yojna (PMGSY), Solid Waste Management (SWM) and developmental work in North Eastern Region. NBCC is also working as Project Management Consultant (PMC) for the redevelopment of Pragati Maidan project of India Trade Promotion Organisation. A number of Central Government ministries and various State Governments have been utilizing the services of NBCC as their extended engineering arm. reference
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| 11. | 
                                    NMDC meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer»   INFO: Full form for NMDC is National Mineral Development Corporation Limited in Navratna Central Public Sector Enterprise category   | 
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| 12. | 
                                    NLCL meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Neyveli Lignite Corporation Limited mean?  NLC India Limited (NLC) (formerly Neyveli Lignite Corporation Limited) is a Navratna government of India company in the fossil fuel mining sector in India and thermal power generation. It annually produces about 30 million tonnes of Lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar in Bikaner district of Rajasthan state. The lignite is used at pithead thermal power stations of 3640 MW installed capacity to produce electricity. Its joint venture has a 1000 MW thermal power station using coal. Lately, it has diversified into renewable energy production and installed 1404 MW solar power plant to produce electricity from photovoltaic (PV) cells and 51 MW electricity from windmills. It was incorporated in 1956 and was wholly owned by the Government of India. A small portion of its stock was sold to the public to list its shares on stock exchanges where its shares are traded. It is under the administrative control of Ministry of Coal. reference
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| 13. | 
                                    PFCL meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer» What is Power Finance Corporation Limited mean?  Power Finance Corporation Ltd. (P. F. C.) is an Indian financial institution under the ownership of Ministry of Power, Government of India. Established in 1986, it is the financial backbone of Indian Power Sector. PFC's Net worth as on 30 September 2018 is INR 383 billion. PFC is the 8th highest profit making Central Public Sector Enterprise (CPSE) as per the Department of Public Enterprises Survey for FY 2017–18. PFC is India's largest NBFC and also India's largest infrastructure finance company. Government has raised status of PFC from ' Navratna' to 'Maharatna' company on 12 October 2021. Initially wholly owned by the Government of India, the company issued an initial public offering in January, 2007. The issue was oversubscribed by over 76 times, which is one of the largest for an IPO of any Indian company. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It is also an ISO 9001:2000 certified company and enjoys the status of Navratna Company in India. On 6 December 2018, the Government of India approved PFC's takeover of REC. The acquisition transaction was completed on 28 March 2019 with PFC paying almost Rs. 14,500 Crs to the Govt. of India for the 52.63% stake. reference nan | 
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| 14. | 
                                    PGCIL meaning in Navratna Central Public Sector Enterprise ? | 
                            
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                                   Answer» What is Power Grid Corporation of India Limited mean?  Power Grid Corporation of India Limited is an Indian statutory corporation under the jurisdiction of Ministry of Power, Government of India and is headquartered in Gurugram, India and engaged mainly in transmission of bulk power across different states of India. Power Grid transmits about 50% of the total power generated in India on its transmission network. It is also certified for PAS 99:. reference | 
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| 15. | 
                                    SCI meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Shipping Corporation of India Limited mean?  The Shipping Corporation of India (SCI) is an Indian public sector undertaking. It is under the management of Ministry of Shipping , Government of India with its headquarters in Mumbai, Maharashtra, India that operates and manages vessels that services both national and international lines. reference
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| 16. | 
                                    BPCL meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Bharat Petroleum Corporation Limited mean?  Bharat Petroleum Corporation Limited (BPCL) is an Indian government-owned oil and gas corporation. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India, headquartered in Mumbai, Maharashtra. It operates two large refineries in Kochi and Mumbai. India's second-largest downstream government owned oil corporation, it was ranked 309th on the 2020 Fortune list of the world's biggest corporations, and 792nd on Forbes's 2021 "Global 2000" list. reference
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| 17. | 
                                    BEL meaning in Navratna Central Public Sector Enterprise ? | 
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                                   Answer» What is Bharat Electronics Limited mean?  Bharat Electronics Limited (BEL) is an Indian Government-owned aerospace and defence electronics company. It primarily manufactures advanced electronic products for ground and aerospace applications. BEL is one of nine PSUs under the Ministry of Defence of India. It has been granted Navratna status by the Government of India. reference
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