With reference to the Competition Commission of India (CCI), consider the following statements:
1. The CCI is a statutory body under the Ministry of Commerce and Industry.
2. It consists of a Chairperson and three members appointed by the Central Government.
3. The National Anti-Profiteering Authority works under the supervision of the CCI.

Which of the statements given above is/are not correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2, and 3

Question

With reference to the Competition Commission of India (CCI), consider the following statements:
1. The CCI is a statutory body under the Ministry of Commerce and Industry.
2. It consists of a Chairperson and three members appointed by the Central Government.
3. The National Anti-Profiteering Authority works under the supervision of the CCI.

Which of the statements given above is/are not correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2, and 3

ONLiNE UPSC · Accepted Answer

Statement 1 is not correct: The Competition Commission of India (CCI) is a statutory body established under the Competition Act, 2002 and functions under the Ministry of Corporate Affairs, not the Ministry of Commerce and Industry. The CCI plays a crucial role in promoting and sustaining competition by preventing anti-competitive practices in the Indian market.

Statement 2 is not correct: The CCI is composed of a Chairperson and six members, appointed by the Central Government. This composition ensures adequate representation and expertise to regulate competition effectively.

Statement 3 is not correct: The National Anti-Profiteering Authority (NAA) was set up as a statutory body under Section 171 of the Central GST Act, 2017, to address unfair profiteering practices by registered suppliers under GST law. The NAA did not operate under the supervision of the CCI. From December 1, 2022, after the NAA&rsquo;s tenure ended on November 30, 2022, the CCI assumed responsibility for handling GST anti-profiteering complaints.

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M Question 1	⏱ 0
With reference to the Competition Commission of India (CCI), consider the following statements: 1. The CCI is a statutory body under the Ministry of Commerce and Industry. 2. It consists of a Chairperson and three members appointed by the Central Government. 3. The National Anti-Profiteering Authority works under the supervision of the CCI. Which of the statements given above is/are not correct? (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2, and 3