UPSSSC PET 2023 (28 Oct Shift 1)
Which among the following Government of India undertaken Corporation has become the first member to join “Asia Transition Finance Study Group” (ATFSG) ?
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Answer: Option D — Power Finance Corporation Limited
Detailed Solution
Power Finance Corporation Limited became the first member from India to join the Asia Transition Finance Study Group in 2023. The group studies financing for the energy transition in Asia, which suits PFC's power-sector lending.
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PSUs, Navratnas & Maharatnas — UPSSSC PET Preparation
This question tests your understanding of PSUs, Navratnas & Maharatnas, a key topic in the UPSSSC PET General Knowledge section. The detailed solution above uses a step-by-step approach to show the reasoning, and where available, a shortcut that helps you solve similar questions in under 90 seconds during the actual exam.
This topic covers public sector undertakings in India, the Maharatna, Navratna and Miniratna categories and the criteria for each, major PSUs and their headquarters, and disinvestment policy. Questions often ask which companies hold Maharatna or Navratna status, what the criteria are, and where a PSU is headquartered. The list of companies with each status changes when new companies are upgraded, so check the latest list from the Department of Public Enterprises before your exam. Practise the PSUs, Navratnas and Maharatnas questions below, written in the style of the general awareness sections of exams such as SSC, banking, railways, CUET GAT, MAH CET and CLAT. Each question comes with a detailed explanation that adds related facts, so every question helps you revise more than one point.