Quiz Questions
Quiz Questions
Quiz Questions
natural justice?
14 offences (ans)
4 offences
3 offences
MRTP Act
Art. 14 & 25
Art. 35 & 36
Art. 82 & 52
a) Industrial delicensing
ans:- d
5) Distribution of Income and Level of living was given by :-
Ans:- A
ans:- c
10) Under which section the competition law is applicable to any enterprise, carry on
commercial activities especially by central government ?
(a) Section 21
(b) Section 54
(c) Section 72
(d) Section 10
11) Which Committee was set up to consider and report changes in MRTP Act?
(a) Dutt Committee
(b) Sachar committee
(c) Raghavan committee
(d) Nandan committee
13) CCI shall not initiate an inquiry into combination after expiry of _____ year from date of
combination has taken effect?
(a) 5 years
(b) 1 years
(c) 3years
(d) 6years
14) _________ committee propose measure to improve upon working of stock market?
(a) Nandan committee
(b) Dutt committee
(c) Sachar committee
(d) None of these
15) which judge shall appoint to inquiry into extent and effect of concern of economic
provision in prime hands and prevention of monopolistic and restrictive trade practices
act?
(a) Justice kiran gupta
(b) Justice raj anand
(c) Justice K.C. das gupta
(d) Justice vivek malhotra
a) To protect consumers
a)Before 1 May 2004, only the Commission could declare that Article 81(1) was inapplicable.
b)Before 1 May 2004, only the national competition authorities could declare that Article 81(1)
was inapplicable.
c)Before 1 May 2004, there was no scope for Article 81(1) to be declared inapplicable.
19) The five forces that affect the level of competition in an industry are
b) Threat of buyers, power of entry, power of substitutes, threat of suppliers, threat of recession
20) __________ makes provision for licensing and registration for guided growth of
industries
a) MRTP
b) FEMA
c) IDRA
d) SEBI
21) which committee set up to review the industrial development and regulation act
a) mahalorobis committee
b)hazari committee
c) competition act
25) Is it true that one of the objectives of Competition Act, 2002 is To protect the interests of
organizations?
a) No
b) Yes
a) Anti-competition agreements.
a) Abuse of Dominance
b) Combinations Regulation
c) Competition Advocacy
d) None
b) Ineffective
c) Promoting monopoly