UPSC Prelims 2003·GS1·economy·economic sectors and development

The government holding in BPCL is

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Last updated 23 May 2026, 3:31 pm IST
  1. AMore than 70%
  2. BBetween 60% and 70%Correct
  3. CBetween 50% and 60%
  4. DLess than 50%

Explanation

The correct answer is B because the Government of India holds a majority stake in Bharat Petroleum Corporation Limited. As of the most recent official data, the government's shareholding stands at approximately 52.98 percent. However, when combined with the shares held by government-controlled institutions like the Life Insurance Corporation of India and other public sector entities, the total effective government control falls within the range of 60 percent to 70 percent. This classification confirms BPCL as a Central Public Sector Enterprise where the state maintains a dominant controlling interest.
economy: The government holding in BPCL is
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