What does the letter 'M' stand for in the MRTP Act 1969?

Monopolies

The correct answer is Option 2 - Monopolies

In the MRTP Act 1969, the letter 'M' stands for "Monopolies". The full form of MRTP Act is the Monopolies and Restrictive Trade Practices Act, 1969. This legislation was enacted in India to prevent monopolistic and restrictive trade practices in the country, with the aim of promoting fair competition, protecting consumer interests, and ensuring the efficient functioning of markets.