Consider the following statements about “Competition

Solution

The Competition Commission of India (CCI) was established in March 2009 by the Government of India under the Competition Act, 2002 for the administration, implementation, and enforcement of the Act. Statement I is correct - A quasi-judicial body is “an organ of Government other than a Court or Legislature, which affects the rights of private parties either through adjudication or rulemaking. Statement II is correct - The Commission consists of one Chairperson and six Members who shall be appointed by the Central Government. Statement II is not correct - The Chairperson and other Members shall be whole-time Members.