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Question

MRTP stands for ____________.

A
Monopolies and Restrictive Trade Practices
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B
Monopolistic and Reserved Trade Practices
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C
Monopoly and Restriction Trade Promotion
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D
none of the above
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Solution

The correct option is A Monopolies and Restrictive Trade Practices
MRTP stands for Monopolistic and Restrictive Trade Practices. It was established in 1969. It checks the concentration of economic power in few hands.

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