Question
Which of the following Statements is/are True? I-
Competition Commission of India (CCI) is a statutory body of the Government of India. II- The Commission consists of one Chairperson and six Members. III- The commission is a quasi-judicial bodySolution
Solution- Competition Commission of India (CCI) is a statutory body of the Government of India responsible for enforcing the Competition Act, 2002, it was duly constituted in March 2009. The Commission consists of one Chairperson and six Members as per the Competition Act who shall be appointed by the Central Government. The commission is a quasi-judicial body which gives opinions to statutory authorities and also deals with other cases. The Chairperson and other Members shall be whole-time Members.
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