📝 Multiple Choice Question
Economics
The MRTP Act of 1969 aimed at:
A
Promoting free trade agreements
B
Promoting monopolies in key industries
C
Encouraging foreign direct investment
D
Regulating and controlling monopolistic and restrictive trade practices
Explanation
The Monopolies and Restrictive Trade Practices (MRTP) Act of 1969 was fiercely enacted to legally prevent the concentration of economic power to the common detriment and to rigorously control monopolistic and restrictive trade practices.
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