
Introduction to PSUs
PSUs (Public Sector Undertakings)
The government owned corporations are termed as Public sector Undertakings (PSUs) in India. In a PSU majority (51% or more) of the paid share capital is held by central government or by any state government or partly by the central government and partly by one or more state governments. Several Public Sector Undertakings (PSUs) under the aegis of Government of India regularly provide tremendous employment opportunities in various technical and management areas.
Maharatna PSUs: Maharatna is the status given to top public sector enterprises where the companies have the authority to make foreign investments of upto Rs 5,000 crores without taking any government approval. To be qualified as Maharatna, the company should gain an annual net profit of over Rs. 5,000 crores, net worth of Rs. 15,000 crores and turnover of Rs. 25,000 crores over past three consecutive years. At present the companies which have Maharatna status are: SAIL, ONGC, NTPC, CIL, IOCL, BHEL and GAIL.
Navratna PSUs: Navratna status is conferred to the companies by the Department of Public Enterprises. To be qualified as a Navratna, the company must obtain a score of 60 out of 100. The score is based on six parameters which include net profit to net worth, total manpower cost to total cost of production or cost of services, PBDIT (Profit before depreciation, interest and taxes) to capital employed, PBDIT to turnover, EPS (Earning per Share) and inter-sectoral performance. Additionally, a company must first be a Miniratna and have four independent directors on its board before it can be made a Navratna. The Navratna status gives privileges to enhance financial and operational autonomy and empowers to invest up to Rs. 1000 crores or 15% of their net worth on a single project without seeking government approval. In a year, these companies can spend up to 30% of their net worth not exceeding Rs. 1000 crores. They will also have the freedom to enter joint ventures, form alliances and float subsidiaries abroad.
How to Prepare for PSUs?
- PSUs Entrance Exam Question Paper mainly consists of two major sections:
Technical Section: Subject specialization of related stream
Non-Technical Section: General Awareness, Current Affairs, English Language, Reasoning & Aptitude.
Hence to crack PSUs competitive exam, candidate should prepare for both technical and non-technical sections, where 50% to 70% questions are from technical and remaining questions from non-technical sections. - Be aware of exam pattern of different PSUs like number of technical questions, number of non-technical questions, negative marking, exam duration, marks per question etc.
- Always make it a habit of referring to previous year question papers.
- Prefer Reference books for derivations, equations, conceptual thought process, theory etc.
- Use shortcut techniques for numerical solving instead of traditional methods to save time.
- Practice previous year question papers and analyze the weak topics and concentrate more on those topics. Always try to solve question papers in a given time frame to obtain an idea as how many questions you are able to solve in given limits.
Group Discussion Round: Group Discussion is a crucial round conducted for shortlisted candidates. Good communication skills, topic knowledge, team spirit, leadership qualities, patience level and presence of mind are the major parameters to be considered.
Personal Interview: The personal interview is conducted to judge the personality of a candidate. Sound technical knowledge, positive attitude, body language, good communication skills play an important role to clear personal interviews. Candidates should be prepared with questions about their strengths and weaknesses and answer all questions confidently.
PSUs Exam Pattern
Organization | Post | Exam Pattern | Related links |
BSNL | JTO |
Written Test- Objective Set A :Engg stream (50 questions) Set B: Engg stream (50 questions) Section C: General Ability Test (20 questions) |
www.bsnl.co.in |
NTPC | Executive Trainees |
Written Test – GATE Exam Set A: 55questions (Engg Stream) Set B: 35 questions (Executive Aptitude Test) Negative marking: ¼ marks Group Discussion Personal Interview |
www.ntpccareers.net |
BHEL | Engineer Trainees |
Written test-objective GATE Exam Personal Interview |
www.bhel.com/ |
ONGC | Graduate Trainees |
Written test (Objective and Subjective) Psychometric test and PI |
www.ongcindia.com |
PSUs Salary Structure
ORGANIZATION | SECTOR | STATUS | SALARY STRUCTURE |
Oil & Natural
Gas Corporation Limited (ONGC) |
Petroleum &
Natural Gas |
Maharatna | Rs. 24,900-50,500 |
Indian Oil Corporation
Limited (IOCL) |
Petroleum &
Natural Gas |
Maharatna | Rs. 23,000-46,500 |
National Thermal
Power Corporation Limited (NTPC) |
Power | Maharatna | Rs. 24,900-50,500 |
Steel Authority
of India Limited (SAIL) |
Steel and Iron | Maharatna | Rs.20,600-46500 |
Coal India
Limited |
Mining
|
Maharatna | Rs.20,600-46500 |
Bharat Petroleum
Corporation Limited (BPCL) |
Petroleum &
Natural Gas |
Navratna | Rs. 23,000-46,500 |
Gas Authority of
India Limited (GAIL) |
Petroleum &
Natural Gas |
Navratna | Rs. 24,900-50,500 |
Hindustan Petroleum
Corporation Limited (HPCL) |
Petroleum &
Natural Gas |
Navratna | Rs. 24,900-50,500 |
Oil India
Limited (OIL) |
Petroleum &
Natural Gas |
Navratna | Rs. 24,900-50,500 |
Power Grid
Corporation of India Limited (PGCIL) |
Power | Navratna | Rs. 24,900-50,500 |
Bharat Electronics
Limited (BEL) |
Defense | Navratna | Rs. 16,400-40,500 |
Hindustan
Aeronautics Limited (HAL) |
Defense | Navratna | Rs 16500-40500 |
National Mineral
Development Corporation Limited (NMDC) |
Steel and Iron | Navratna | Rs. 16,400-40,500 |
Mahanagar
Telephone Nigam Limited (MTNL) |
Communication
& IT |
Navratna | Rs. 24,900-50,500 |
Power Finance
Corporation Limited |
Finance | Navratna | Rs. 24,900-50,500
|
National Aluminum
Company Limited (NALCO) |
Mining | Navratna | Rs. 16,400-40,500 |
Shipping Corporation
of India Limited |
Shipping | Navratna | Rs.20,600-46500 |
Rural Electrification
Corporation Limited |
Power | Navratna | Rs.20500-26500 |
Bharat Earth
Movers Limited (BEML Limited ) |
Defense | Mini-Ratna | Rs. 16,400-40,500 |
Mazagaon Docks
Limited (MDL) |
Defense | Mini-Ratna | Rs. 16,400-40,500 |
Engineers India Limited (EIL) |
Petroleum
& Natural Gas |
Mini-Ratna | Rs.20,600-46500 |
Bharat Sanchar
Nigam Limited (BSNL) |
Communication
& IT |
Mini-Ratna | Rs. 16,400-40,500 |
RITES | Infrastructure | Mini-Ratna | Rs. 16,400-40,500
|
National Hydroelectric
Power Corporation (NHPC) Limited |
Power | Mini-Ratna | Rs.20,600-46500 |
Airport Authority
Of India Limited (AAI) |
Civil Aviation
|
Mini-Ratna | Rs. 16,400-40,500 |
Indian Space
Research Organization (ISRO) |
Department
of Space |
Govt. of India | Rs. 15,600-39,100 |
Defense Research
& Development Organization (DRDO) |
Defense | Govt. of India | Rs. 15,600-39,100 |
Bhabha Atomic
Research Centre (BARC) |
Department
of Atomic Energy |
Govt. of India | Rs. 15,600-39,100 |
Electronics Corporation
of India Limited (ECIL) |
Department
of Atomic Energy |
Govt. of India | Rs. 16,400-40,500 |
Delhi Metro Rail
Corporation (DMRC) |
Transportation | Govt. of India | Rs.20,600-46500 |
PSUs Percentage Criteria
PSUs Percentage Criteria
|
PSUs Age Criteria
ORGANIZATION |
AGE CRITERIA |
|||
Gen |
OBC |
SC/ST |
PH |
|
Bridge & Roof co. (I) Ltd |
24 years |
24-27 years |
29 years |
29 years-General 32 years-OBC 34 years- SC/ST
|
BHEL |
27 years |
27-30 years |
32 years |
32 years-General 35 years-OBC 37 years- SC/ST
|
ONGC |
30 years |
30-33 years |
35 years |
35 years-General 38 years-OBC 40 years- SC/ST |
NTPC |
27 years |
27-30 years |
32 years |
32 years-General 35 years-OBC 37 years-SC/ST |
SAIL |
30 years |
30-33 years |
35 years |
35 years-General 38 years-OBC 40 years- SC/ST |
IOCL |
26 years |
26-29 years |
31 years |
31 years-General 34 years-OBC 36 years- SC/ST
|
ISRO |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
PGCIL |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
HAL |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
NALCO |
30 years |
30-33 years |
35 years |
35 years-General 38 years-OBC 40 years- SC/ST |
GAIL |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
DRDO |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
DMRC |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
GAIL |
26 years |
26-29 years |
31 years |
31 years-General 34 years-OBC 36 years- SC/ST |
BPCL |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
MTNL |
30 years |
30-33 years |
35 years |
35 years-General 38 years-OBC 40 years- SC/ST |
HPCL |
25 years |
25-28 years |
30 years |
30 years-General 33 years-OBC 35 years- SC/ST |
BEL |
25 years |
25-28 years |
30 years |
30 years-General 33 years-OBC 35 years- SC/ST |
BARC |
28 years |
28-31 years |
33 years |
33 years-General 36 years-OBC 38 years- SC/ST |
Indian Railways |
22 to 35 age Group |
22 to 35 age group + relaxable upto 3 years |
22 to 35 age group +relaxable by 5 years
|
22 to 35 age group + 5 years-General 8 years-OBC 10 years- SC/ST |
VIZAG STEEL |
25 years |
25-28 years |
30 years |
30 years-General 33 years-OBC 35 years- SC/ST |
NHPC |
30 years |
30-33 years |
35 years |
35 years-General 38 years-OBC 40 years- SC/ST |
BSNL |
30 years |
30-33 years |
35 years |
35 years-General 38 years-OBC 40 years- SC/ST |
PRASAR BHARATI |
27 years |
27-30 years |
32 years |
32 years-General 35 years-OBC 37 years-SC/ST
|