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What was the purpose of the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969?
  • a)
    Encouraging private monopolies
  • b)
    Promoting foreign trade practices
  • c)
    Preventing concentration of economic power
  • d)
    Supporting small-scale industries
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What was the purpose of the Monopolies and Restrictive Trade Practices...
The MRTP Act, 1969, was enacted to prevent the concentration of economic power and discourage the emergence of private monopolies in the Indian industrial sector.
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What was the purpose of the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969?a)Encouraging private monopoliesb)Promoting foreign trade practicesc)Preventing concentration of economic powerd)Supporting small-scale industriesCorrect answer is option 'C'. Can you explain this answer?
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What was the purpose of the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969?a)Encouraging private monopoliesb)Promoting foreign trade practicesc)Preventing concentration of economic powerd)Supporting small-scale industriesCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What was the purpose of the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969?a)Encouraging private monopoliesb)Promoting foreign trade practicesc)Preventing concentration of economic powerd)Supporting small-scale industriesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the purpose of the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969?a)Encouraging private monopoliesb)Promoting foreign trade practicesc)Preventing concentration of economic powerd)Supporting small-scale industriesCorrect answer is option 'C'. Can you explain this answer?.
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