Which of the following is a public sector owned and operated entity?

Question

Question

This question was previously asked in

SSC CHSL Exam 2024 Tier-I Official Paper (Held On: 05 Jul, 2024 Shift 2)

Answer 1

The correct answer is BHEL

Key Points

BHEL (Bharat Heavy Electricals Limited) is a public sector owned and operated entity in India.
BHEL is one of the largest engineering and manufacturing companies in India in the energy and infrastructure sectors.
It is owned by the Government of India and operates under the Ministry of Heavy Industries and Public Enterprises.
BHEL is engaged in the design, engineering, construction, testing, commissioning, and servicing of a wide range of products and services for the core sectors of the economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defense.
Being a public sector entity, BHEL plays a crucial role in the industrial development of India.

Additional Information

Public sector enterprises in India are those companies in which the majority of the shares are owned by the government.
They are established with the aim to accelerate economic growth, create employment opportunities, and ensure the welfare of the citizens.
Other examples of public sector enterprises include Indian Oil Corporation, Steel Authority of India Limited (SAIL), and Gas Authority of India Limited (GAIL).
Public sector enterprises are categorized into three types: Central Public Sector Enterprises (CPSEs), State Level Public Enterprises (SLPEs), and Public Sector Banks (PSBs).