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    Question

    As per the Competition Act , how often is the Commission

    required to prepare an annual report on its activities and submit it to the Central Government?
    A Twice a year Correct Answer Incorrect Answer
    B Once every year Correct Answer Incorrect Answer
    C Once every two years Correct Answer Incorrect Answer
    D Once every five years Correct Answer Incorrect Answer
    E Once every three years Correct Answer Incorrect Answer

    Solution

    Explanation: Section 53 Furnishing of returns, etc., to Central Government: (2) The Commission shall prepare once in every year, in such form and at such time as may be prescribed, an annual report giving a true and full account of its activities during the previous year and copies of the report shall be forwarded to the Central Government.

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