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vishakha

· started a discussion

· 1 Months ago

Right answer is option C (Question: 114627.0 )

The full form of MRTP is Monopolies and Restrictive Trade Practices

Question:
The MRTP Act was passed in 1969. What is the full form of the MRTP Act?
Options:
A) Monopoly Regulation Trade Practices
B) Monopolistic and Regulatory Trade Practices
C) Monopolistic and Restrictive Trade Practices
D) Monopoly and Regulatory Trade Practices
E) Monopolistic Regulation Trade Practices
Solution:
The Monopolistic and Restrictive Trade Practices was passed in 1969 to regulate the trading and commercial practices of the firms and checking the monopoly and concentration of economic power.

anu

· commented

· 1 Months ago

answer should be option 3 not 2 ... its Monopolistic and restrictive trade practices

Knowledge Expert

· commented

· 1 Months ago

@Kritika Exactly :)

Kirti

· commented

· 1 Months ago

In MRTP 1970 'M' stands for monopolies but IN MRTP 1969 'M' stands for monopolistic.

Knowledge Expert

· commented

· 1 Months ago

M stands for Monopolistic............not for Monopolies......Please check once again....
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