4
5
6
7
Answer is Right!
Answer is Wrong!
The correct answer is: C. 6
The Competition Commission of India (CCI) is an independent statutory body established under the Competition Act, 2002. The CCI is responsible for promoting and protecting competition in the Indian market.
The CCI has a Chairperson and six other members, all of whom are appointed by the Central Government. The Chairperson and members of the CCI are appointed for a term of five years.
The CCI has the following powers:
- To investigate complaints of anti-competitive practices;
- To issue orders to prevent or prohibit anti-competitive practices;
- To impose penalties on companies that engage in anti-competitive practices;
- To promote competition in the Indian market; and
- To undertake research and studies on competition issues.
The CCI is a powerful body that plays an important role in promoting and protecting competition in the Indian market. The CCI’s decisions can have a significant impact on the Indian economy.
The options are as follows:
- A. 4: This is incorrect because the maximum number of members to be appointed by the Central Government in CCI, as per the Competition Act, 2002 is 6.
- B. 5: This is incorrect because the maximum number of members to be appointed by the Central Government in CCI, as per the Competition Act, 2002 is 6.
- C. 6: This is the correct answer because the maximum number of members to be appointed by the Central Government in CCI, as per the Competition Act, 2002 is 6.
- D. 7: This is incorrect because the maximum number of members to be appointed by the Central Government in CCI, as per the Competition Act, 2002 is 6.