#SSC CGL

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Question : The Competition (Amendment) Bill, 2022 proposes to reduce the timeline for the CCI to pass an order on transactions from 210 days to _______ days.
Option 1: 140
Option 2: 180
Option 3: 150
Option 4: 190

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Answer (1)

Team Careers360 11th Jan, 2024

Correct Answer: 150

Solution : The correct answer is 150 .

The proposed Competition (Amendment) Bill of 2022 recommends shortening the duration within which the Competition Commission of India (CCI) is required to issue an order on transactions, reducing it from 210 days to 150 days. More specifically, the bill targets a reduction in the time frame for the CCI to form an initial opinion on a combination from 30 working days to a flat 30 days.

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