Question : MRTP Act was enacted in 1969 to ensure that the operation of the economic system does not result in the concentration of economic power in the hands of a few. The full form of MRTP is ________.

Option 1: Monopoly and Regulatory Trade Practice

Option 2: Monopolies and Restrictive Trade Practices

Option 3: Monopolistic and Rising Trade Policy

Option 4: Market and Reserve Trade Policy

Question : The major objective of the Foreign Exchange Regulation Act (FERA) was to:

Option 1: Promote foreign investment

Option 2: Regulate imports and exports

Option 3: Control foreign exchange transactions

Option 4: Promote international trade

Question : The Foreign Exchange Regulation Act was replaced by the ______ in India.

Option 1: Foreign Exchange Currency Act

Option 2: Foreign Exchange Finances Act

Option 3: Foreign Exchange Funds Act

Option 4: Foreign Exchange Management Act

Question : Fill in the blanks-
For the first time MRTP act was replaced by Competition Act __.
 

Option 1: 2001
 

Option 2: 2002
 

Option 3: 2007
 

Option 4: 2009
 

Question : The Foreign Exchange Management Act (FEMA) replaced which earlier act?

Option 1: Foreign Exchange Regulation Act (FERA)

Option 2: Foreign Investment Promotion Board (FIPB)

Option 3: Industrial Development and Regulation Act (IDRA)

Option 4: Companies Act