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Under which act did the Monopolies and Restrictive Trade Practices Commission come into existence?
  • a)
    Industrial Policy Act.
  • b)
    Monopolistic Practices Act.
  • c)
    Monopolies Restrictive Trade Practices (MRTP) Act.
  • d)
    Foreign Exchange Regulation Act (FERA).
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Under which act did the Monopolies and Restrictive Trade Practices Com...
The Monopolies and Restrictive Trade Practices Commission was established under the Monopolies Restrictive Trade Practices (MRTP) Act, which was passed in 1970. This act aimed to control and regulate monopolistic and restrictive trade practices in India.
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Under which act did the Monopolies and Restrictive Trade Practices Commission come into existence?a)Industrial Policy Act.b)Monopolistic Practices Act.c)Monopolies Restrictive Trade Practices (MRTP) Act.d)Foreign Exchange Regulation Act (FERA).Correct answer is option 'C'. Can you explain this answer?
Question Description
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