06, April 2019 07/04/2019 – Posted in: DAILY MCQs

1.

Consider the following statements:

(1) Electoral Bond is like a promissory note that will be payable to bearer on demand and free of interest.
(2) Only single individual can buy electoral bonds.
(3) These bonds can be issued by Banks, Financial institutions and other government securities.

Which of the statement/s given above is/are correct?

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 only
(d) 1 and 3 only

2.

Consider the following statements:

(1) The Competition Commission of India (CCI) was set up to replace the Monopolies and Restrictive Trade Practices Commission (MRTPC).
(2) COMPAT (Competition Appellate Tribunal) has been set up the Centre in 2009 under Competition Act of 2002.

Which of the statement/s given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 Nor 2