Government of India accords ‘Maharatna’ status to Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Consider the following statements about Maharatna PSUs.nI. These Central Public Sector Enterprises (CPSE) must have an average annual turnover of more than Rs. 25,000 crore, during the last 3 years.nII. With these two new companies getting ‘Maharatna’ status, the total number of Maharatna CPSEs have become 8.nIII. Department of Public Enterprises (DPE) under Ministry of Heavy Industries u0026 Public Enterprises grants this status.nWhich of the statements above is/are correct?

• A. I and II
• B. I and III
• C. Only I
• D. All of the above