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In which among the following year the MRTP/Monopolies and Restrictive Trade Practices act become effective
Question

In which among the following year the MRTP/Monopolies and Restrictive Trade Practices act become effective


A.

1980


B.

1960


C.

1970


D.

1990

Correct option is C

MRTP is abbreviation of Monopolies and Restrictive Trade Practices Act, it was first launched in 1970. The act was launched to minimise control in few hands, the act made sure that giant business houses did not misuse their powers.

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