22nd October, 2022
14
Created on By Administrator

22nd October, 2022

1 / 5

Which of the following statement(s) is/are correct about the Competition Commission of India?

 

1. It is an executive body formed by the President of India on the recommendation of Union Cabinet in the year 2003.

2. It prohibits anti-competitive agreements, abuse of dominant positions by enterprises and regulates combinations (acquisition, acquiring of control and M&A).

3. It can also give opinion on competition issues on a reference received from a statutory authority established under any law.

 

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2 / 5

Which of the following statement(s) is/are correct about the ‘Competition Commission of India’?

 

1. It consists of a Chairperson and not more than 10 members appointed by the President of India by warrant under his hand and seal.

2. The Commission is entrusted with the enforcement of the Competition Act, 2002.

 

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3 / 5

Which of the following statement(s) is/are correct?

 

1. The Anti-Corruption Division of the Central Bureau of Investigation can only investigate cases against public servants under the control of the central government.

2. The Special Crimes Division of the CBI handles financial crimes, bank frauds, money laundering, illegal money market operations, graft in PSUs and banks.

 

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4 / 5

Which of the following statement(s) is/are correct?

 

1. Police Commemoration Day is observed on the birth anniversary of the first Union Home Minister of India Shri Sardar Vallabhbhai Patel.

2. It has started to be celebrated in India since the year 2015 only.

 

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5 / 5

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