Multiple choice

In which year was the MRTP Act (Monopolies and Restrictive Trade Practices Act) adopted to prevent concentration of economic power and monopoly control?

  1. 1956

  2. 1969

  3. 1954

  4. 1980

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The MRTP (Monopolies and Restrictive Trade Practices) Act was enacted in 1969 to prevent concentration of economic power and control monopolistic practices in India. It was later replaced by the Competition Act in 2002.