Which of the following statement is true about the Competition Commission?
1. The Competition has been established to prevent practices which do not support healthy business competition.
2. The Commission will have five members including the Chairman.
3. The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.

Only 1

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Only 2

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Only 3

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All of them

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None of them

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Solution

The correct option is D All of them
All the given statements are true.

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Similar questions

Q. Which of the following is/are true about the Competition Commission of India (CCI)?
(A) CCI is a regulatory body having quasi-judicial structure.
(B) It has been established to replace old Monopolies and Restrictions Trade Practices Act.
(C) Its main objective is to create a healthy environment in corporate world.

Q24. Consider the following statements:

1. The Competition Act, 2002 prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India.

2. The objectives of the Act are sought to be achieved through the Competition Commission of India (CCI).

3. It is the duty of the Commission to eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade in the markets of India.

Which of the above statements are correct?

Competition Commission of India performs which of the following Functions:

Code:

1 and 2 only
None of these
2 and 3 only
3 only

Q. The National Human Rights Commission has five members including a chairman, who is a retired of India.

Q. Directions:- Study the following information carefully to answer the question given below.

Seven friends M, N, O, P, Q, R and S have an essay competition on seven different days of the same week namely, Monday, Tuesday, Wednesday, Thursday, Friday, Saturday and Sunday. Each friend also studies in a different standard namely first, second, third, fourth, fifth, sixth and seventh but not necessarily in the same order.
The one who studies in the first standard has a competition on Saturday. S studies in the second standard and has a competition on Wednesday. N has a competition immediately before Q. N does not have a competition on any of the days after S. The one who studies in the seventh standard does not have a competition on any of the days.on or before Friday. The one who studies in the third standard has a competition immediately after O. Q does not study in the fifth standard. The one who studies in the sixth standard does not have a competition immediately before or after S. R does not have a competition on Sunday and does not study in the third standard. P does not have competition on any of the days before M.

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The correct option is D All of themAll the given statements are true.

The correct option is D All of them
All the given statements are true.