Question

    All sums realised by way of penalties under the Competition Act shall be credited to the_____________

    A Competition Fund Correct Answer Incorrect Answer
    B Consolidated Fund Correct Answer Incorrect Answer
    C Consolidated Fund of India Correct Answer Incorrect Answer
    D Competition Commission Fund Correct Answer Incorrect Answer
    E Competition Education Fund Correct Answer Incorrect Answer

    Solution

    Section 47. Crediting sums realized by way of penalties to Consolidated Fund of India: All sums realized by way of penalties under this Act shall be credited to the Consolidated Fund of India.

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