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      Question

      As per the Competition Act , how often is the Commission

      required to prepare an annual report on its activities and submit it to the Central Government?
      A Twice a year Correct Answer Incorrect Answer
      B Once every year Correct Answer Incorrect Answer
      C Once every two years Correct Answer Incorrect Answer
      D Once every five years Correct Answer Incorrect Answer
      E Once every three years Correct Answer Incorrect Answer

      Solution

      Explanation: Section 53 Furnishing of returns, etc., to Central Government: (2) The Commission shall prepare once in every year, in such form and at such time as may be prescribed, an annual report giving a true and full account of its activities during the previous year and copies of the report shall be forwarded to the Central Government.

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