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Question
MRTP Act was enacted in ______.
MRTP Act was enacted in ______.
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Solution
The correct option is B 1969
The Monopolies and Restrictive Trade Practices Act, 1969, was enacted to:- Ensure that the operation of the economic system does not result in the concentration of economic power in the hands of few.
- Provide for the control of monopolies.
- Provide monopolistic and restrictive trade practices.
Hence, MRTP Act was enacted in 1969.
The Monopolies and Restrictive Trade Practices Act, 1969, was enacted to:
- Ensure that the operation of the economic system does not result in the concentration of economic power in the hands of few.
- Provide for the control of monopolies.
- Provide monopolistic and restrictive trade practices.
Hence, MRTP Act was enacted in 1969.
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