From the statements given below, identify the correct code:
Statement (I): The key strategy behind acquiring a company is to create share holder's value.
Statement (II): Conglomeration is a merger between two companies that have common business areas.
Statement (III): MRTP Act got replaced by the Competition Act, 2002 in India.
Codes:
| A. | All the three statements are correct. |
| B. | Statements (I) and (II) only are correct. |
| C. | Statements (I) and (III) only are correct. |
| D. | Statement (II) only is correct. |
Answer : C Explanation : Sridhar said: (3:27pm on Sunday 28th June 2015)
Dear Sir,The answer should be all the 3 statements are correct. the below is the cut and paste from online: "The decision making under MRTP Act involved lengthy and complex procedure. ... Competition Act, 2002 In December 2002, government passed Competition Act, 2002 and MRTP Act, 1969 was repealed, and MRTP ... This Act has replaced the Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act)"
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
