Which company became the first Indian company to hit the 10 Lakh Crore market valuations? || ADRE 1.0 SLRC 2022 PAPER-III SOLVED QUESTIONS

Which company became the first Indian company to hit the 10 Lakh Crore market valuations?

(A) Airtel

(B) TCS

(C) Wipro

(D) Reliance


Answer: D) Reliance


Explanation:

Reliance Industries Limited (RIL) became the first Indian company to achieve a market valuation of ₹10 lakh crore. This milestone was significant in the Indian corporate sector, reflecting the company's growth and market influence across various industries, including petrochemicals, refining, telecommunications, and retail.

This question tests knowledge of recent corporate milestones and was previously asked in ADRE's SLRC-2022 Paper-III, highlighting its relevance for candidates preparing for competitive exams.


Why this question is important

Understanding significant corporate achievements like Reliance's market valuation is crucial for competitive exams like ADRE, as it reflects awareness of current economic trends and business developments.

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