As per the Competition Act, 2002, what is the tenure of the chairman of the CCI?

The correct answer is: C. 4 years

The Competition Act, 2002 provides for the establishment of the Competition Commission of India (CCI) as an independent body to promote and protect competition in the markets of India. The CCI is headed by a Chairperson who is appointed by the Central Government on the recommendation of a Search-cum-Selection Committee. The Chairperson holds office for a term of four years

or until he attains the age of 70 years, whichever is earlier.

The other options are incorrect because:

• Option A is incorrect because the Chairperson of the CCI holds office for a term of four years, not two years.
• Option B is incorrect because the Chairperson of the CCI holds office for a term of four years, not three years.
• Option D is incorrect because the Chairperson of the CCI holds office for a term of four years, not five years.