The Competition and Consumer Protection Commission can impose a levy on:

• A. Banks.
• B. Insurance intermediaries.
• C. Credit intermediaries.
• D. Investment intermediaries.

Answer: (A)

The main idea is that the CCPC can raise funds through levies from sectors it regulates for competition and consumer protection in financial services. Banks fit this mechanism because they are the largest, most influential financial institutions in the market and their activities touch a wide range of consumer financial products. Imposing a levy on banks provides a practical, scalable way to fund the CCPC’s enforcement work across banking-related consumer issues. Other intermediaries—insurance, credit, or investment—are typically regulated by different authorities and aren’t the target of this CCPC levy in the same way, so they don’t fit the same funding mechanism.