Which of the following is the correct full form of 'MRTP' in MRTP Act 1969?

Correct option is B

The correct answer is (B) Monopolies and Restrictive Trade Practices Act.

Explanation:

• The Monopolies and Restrictive Trade Practices (MRTP) Act, 1969 was enacted to prevent concentration of economic power, promote competition, and protect consumer interests in India.

Information Booster:

• MRTP Act, 1969: The primary objective was to control monopolies and restrictive trade practices that hamper competition and harm consumer welfare.
• Current Minister of Consumer Affairs, Food & Public Distribution (2025): Prahlad Joshi (Ministry of Consumer Affairs).