Question
Consider the following statements regarding the
Competition Commission of India (CCI): I. It is a non-statutory body. II. It consists of one Chairperson and six Members appointed by the Central Government. III. It comes under the control of Ministry of Commerce and Industries. Which of the above statements is/are correct?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 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. It comes under the control of Ministry of Commerce and Industries.
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