The Monopolies and Restrictive Trade Practices (MRTP) Act was introduced during the ___________ Five-Year Plan period.
Fourth
Fourth is correct.
The Monopolies and Restrictive Trade Practices (MRTP) Act was passed in December 1969 and came into force in 1970, during the Fourth Five-Year Plan (1969–74).
It followed the Monopolies Inquiry Commission (1964) and the Hazari Committee report, and aimed to prevent the concentration of economic power and to control monopolistic and restrictive trade practices. It was later replaced by the Competition Act, 2002.
The First (1951–56), Third (1961–66) and Seventh (1985–90) Plans do not match the 1969 enactment.
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With reference to ‘WaterCredit’, consider the following statements :
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2. It is a global initiative launched under the aegis of the World Health Organization and the World Bank.
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With reference to the usefulness of the byproducts of sugar industry, which of the following statements is/are correct?
1. Bagasse can be used as biomass fuel for the generation of energy.
2. Molasses can be used as one of the feedstocks for the production of synthetic chemical fertilizers.
3. Molasses can be used for the production of ethanol.
Select the correct answer using the codes given below:
