To ensure that the operation of the economic system does not result in the concentration of economic power in hands of few rich, the Monopolies and Restrictive Trade Practices Act (MRTP Act) came into force from June 1, 1970. This act is not in force in India currently as it was repealed and was replaced by Competition Act 2002 with effect from September 1, 2009. Competition Commission of India (CCI) is a statutory body of the GOI and is responsible for enforcing The Competition Act, 2002. The act is to prevent activities that have an appreciable adverse effect on competition in India. CCI was established on 14 October 2003. It became fully functional in May 2009.
A invest twice the sum invested by B and withdraws half of sum after 3 months and again withdraws half of the remaining sum after 7 months. Find ratio o...
Ashu and Sunil together start a business with investment of Rs. 1800 and Rs. ‘x + 1000’, respectively. If the profit earned after 5 years is Rs. 640...
Palash invest thrice the sum invested by Vicky and withdraws half of the sum after 2 months and again withdraws half of the remaining sum after 3 months...
The contributions made by A and B are in the ratio of 2:3. If 20% of total profit is donated and A gets 5890 as his share of profit, what is the total p...
‘A’ and ‘B’ invested Rs. 5000 and Rs. 4200, respectively in a business, together. After 6 months, ‘A’ withdrew 35% of his initial investment...
‘C’ and ‘D’ entered into a business by investing Rs. ‘y’ and Rs. ‘y + 300’, respectively. After 10 months ‘C’ invested Rs. 400 more ...
X, Y, and Z join a partnership and invest some amount. After one year, X doubles its investment, Y increases its investment by 33(1/3)%, and Z increases...
Palash invest thrice the sum invested by Vicky and withdraws half of the sum after 3 months and again withdraws half of the remaining sum after 5 months...
A and B entered into a business investing their capital in the ratio of 16:21, respectively and the respective ratio of time for which they made their i...
M and N invested Rs. 6400 and Rs. 5000, respectively, when they first started their businesses. After a year, N increased his investment by 40% while M ...
