Question

    Restrictive Trade Practice means?

    A A trade practice which tends to bring about manipulation of price. Correct Answer Incorrect Answer
    B A trade practice which tends to bring about manipulation in conditions of delivery. Correct Answer Incorrect Answer
    C A trade practice which effects flow of supplies in market relating to goods or services in such a manner to impose on customer justified costs. Correct Answer Incorrect Answer
    D A and B. Correct Answer Incorrect Answer
    E A, B and C. Correct Answer Incorrect Answer

    Solution

    A restrictive trade practice means a trade practice which tends to bring about manipulation of price or conditions of delivery or to affect flow of supplies in the market realting to goods or services in such a manner as to impose on the consumer unjustified costs or restrictions and shall include- (a) delay beyond the period agreed to by a trader in supply of such goods or in providing the services which has led or is likely to lead to rise in the price. (b) any trade practice which requires a consumer to buy, hire or avail of any goods or, as the case may be, services as condition precedent to buying  hiring or availing of other goods or services.   Restrictive Trade practice definition – same topic question in SEBI Legal 2020 memory based paper

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