Economics · Industrial Policy
How did the asset threshold for defining 'MRTP (Monopolies and Restrictive Trade Practices) Companies' change during the statutory revision in 1985 compared to its initial 1969 enactment?
- 1It was increased from ₹10 crore to ₹50 crore.
- 2It was reduced from ₹50 crore to ₹25 crore.
- 3It was increased from ₹25 crore to ₹100 crore.✓
- 4It remained fixed at ₹25 crore.
Correct answer
It was increased from ₹25 crore to ₹100 crore.
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