BPSC CCE Prelims
Statutory Bodies Previous Year Questions (PYQs)
Practice solved questions for Statutory Bodies with detailed step-by-step solutions, key insights, and trend analysis for BPSC CCE PRELIMS.
Solved Previous Year Questions
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Which committee suggested the enactment of the Competition Act, 2002?
Detailed Explanation:
The S. V. S. Raghavan Committee (1999) recommended the enactment of a new competition law to replace the outdated MRTP Act, 1969.
Based on this recommendation, the Competition Act, 2002 was enacted, establishing the Competition Commission of India (CCI) to regulate anti-competitive practices and promote fair competition in markets.
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