Correct option is A
The correct answer is (A) E, D, C, B, A
Explanation:
• Indian Contract Act (E): Enacted in 1872, it is the fundamental law governing contracts in India.
• Negotiable Instrument Act (D): Enacted in 1881, it regulates promissory notes, bills of exchange, and cheques.
• Information Technology Act (C): Enacted in 2000, it provides legal recognition for transactions carried out by means of electronic data interchange.
• Competition Act (B): Enacted in 2002, it replaced the MRTP Act to promote and sustain competition in markets.
• Right to Information Act (A): Enacted in 2005, it allows citizens to secure access to information under the control of public authorities.
Information Booster:
• The Indian Contract Act was based on English Common Law.
• The RTI Act replaced the older Freedom of Information Act, 2002.
• The Negotiable Instrument Act was amended recently to include strict penalties for cheque bouncing (Section 138).
• The Information Technology Act was significantly amended in 2008 to address cyber-terrorism and data protection.
• The Competition Act established the Competition Commission of India (CCI) to prevent practices having an adverse effect on competition.
• Ascending order means from the oldest date to the most recent date.