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Standard XII
Economics
Generations of Reforms
MRTP Act was ...
Question
MRTP Act was enacted in ______.
A
1968
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B
1969
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C
1970
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D
1971
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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.
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