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What does the letter ‘M’ stand for in the MRTP Act 1969?
Question

What does the letter ‘M’ stand for in the MRTP Act 1969?

A.

Monopolistic

B.

Monopolies

C.

Multi

D.

Monopoly

Correct option is B

M stands for Monopolies in the MRTP Act 1969
MRTP Acts stands Monopolies and Restrictive Trade Practices Act, 1969
 Its Aim to prevent the concentration of economic power and to regulate and control monopolistic, restrictive, and unfair trade practices and to ensure that competition was not suppressed in the market.
 Competition Act, 2002 replaced it.

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