Multiple choice

Directions: Choose the correct option for the given question:

Under which of the following is the term 'Dominant Undertaking' defined?

  1. MRTP Act

  2. FEMA

  3. Companies Act

  4. SEBI
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The term 'Dominant Undertaking' is defined in the Companies Act (specifically Section 2 of the Companies Act, 2013). It refers to an undertaking that holds a dominant position in the market. MRTP Act dealt with monopolistic practices, FEMA deals with foreign exchange, and SEBI regulates securities - but the specific term 'Dominant Undertaking' is defined in company law.

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