New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    Which of the following statements is true about the Competition Commission?

    I.The Competition has been established to prevent practices which do not support healthy business competition.

    II. The Commission will have five members including the Chairman.

    III. The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.

    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only II & III Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Competition has been established to prevent practices which do not support healthy business competition.The Commission will have five members including the Chairman.The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.

    Practice Next