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Question

Which of the following is NOT an element of the Competition Act, 2002?

The correct answer is

Prohibition of trade

The Competition Act, 2002, aims to promote fair competition in the market, but it does not include a provision for the prohibition of trade.

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Important Questions from Business and Economy

  1. As of December 2019, _______ was the largest crude oil supplier to India.

  2. Which company recently became the 1st Indian company to hit the ₹10 Lakh Crore market valuations?

  3. Merchant discount rate refers to ______

  4. Which of the following states was awarded by the Union Government for being the best state in the fisheries sector amongst hilly and north-eastern states for the year 2019-2020?

  5. Name the company that has acquired an online travel portal Yatra Online Inc., for an enterprise value of $337.8 million, in an all-stock transaction.

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