Economics · Economic Policies and Acts
The Monopolies and Restrictive Trade Practices (MRTP) Act, 1969 was primarily enacted with which of the following objectives?
- 1Regulation of agricultural production
- 2Encouragement of monopolies for faster growth
- 3Prevention of concentration of economic power and restrictive trade practices✓
- 4Promotion of export-oriented industries only
Correct answer
Prevention of concentration of economic power and restrictive trade practices
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