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Question

The MRTP Act and NIP, 1991 was made applicable to _______________.

A
All undertakings
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B
Financial institutions
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C
Trade unions and associations of workmen
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D
Both (A) and (B)
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Solution

The correct option is D Both (A) and (B)
The MRTP Act helped tor remove restrictions and controls which were put on the industrial sector before 1991. The MRTP Act and NIP, 1991 was made applicable to:-
a) All undertakings
b) Financial institutions.
Hence, option (D) is the correct answer.

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