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          Consider the following statements about Competition Commission of India.
    1. Competition Commission of India (CCI) was established with effect from 14th October 2003.
    2. The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises.
    3. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.
    Which of the statements given above is/are correct?

    A) 1 only                          

    B) 2 only

    C) 1 and 2                        

    D) All of the above

    Correct Answer: D

    Solution :

    Competition Commission of India is a body of the government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October 2003. The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.


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