Question
Consider the following statements regarding settlement
and consent mechanism under Competition Act: Statement 1: Parties can settle Competition Act violations through agreed settlements. Statement 2: CCI must give prima facie opinion before settlement is possible. Statement 3: Settlement agreements can provide reduced penalties for admitting violations. Statement 4: Settlements are final and not subject to review after approval. Which statements are correct?Solution
Settlements are permitted—Statement 1 is correct. CCI must form prima facie opinion—Statement 2 is correct. Settlement reduces penalties—Statement 3 is correct. Settlements can be reviewed if evidence emerges—Statement 4 is incorrect. Statements 1, 2, and 3 are correct.
Consider the following statement about national single window system (NSWS):
I. Now businesses can cite their permanent account number as a uniqu...
Which of the following public sector bank holds the maximum percent of total equity share capital of Nainital Bank Limited (NBL)?
R2 is the mathematical notation for:
Which is the country outside India in which SBI has launched its first paperless banking?
Why is Exploratory Data Analysis (EDA) considered a crucial step in the data analysis process?
Recently non-banking finance company SV CreditLine and which private sector Bank have signed a co-lending collaboration for a â‚ą500 crore loan targeted...
According to the World Bank, which of the following became the first country in the world to receive $100 billion from remittances during 2022?
The Kisan Credit Card (KCC) scheme was designed by NABARD in association with which of the following organisation?
In time series analysis, which component is best described as the long-term movement in data values that is not affected by seasonal or random fluctuati...
Which of the following can be defined as a solution that enables banks to offer a multitude of customer-centric services on a 24x7 basis?
Relevant for Exams:
