CSEET · Economic and Business Environment · Key Government Institutions
Which of the following is a function of the Competition Commission of India regarding competition advocacy?
Creating public awareness and imparting training on competition issues is part of the CCI's competition advocacy role. The other activities, such as setting the repo rate, company registration and broker licensing, belong to the RBI, the Registrar of Companies and SEBI respectively.
- ACreating public awareness and training on competition issuesCorrect
- BSetting the repo rate for banks
- CRegistering new companies
- DIssuing licences to stock brokers
Explanation
Competition advocacy involves spreading awareness, imparting training on competition issues, and giving opinions on competition matters to government bodies. Setting the repo rate belongs to the RBI, company registration to the Registrar of Companies, and broker licensing to SEBI.
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