The Prize Competitions Act, 1955

The Prize Competitions Act, 1955 is a law that regulates the conduct of prize competitions in India. The act defines what constitutes a prize competition, sets out rules for the conduct of such competitions, and establishes penalties for violations. Under the act, a prize competition is defined as a competition in which prizes are offered to participants who answer questions, solve puzzles, or otherwise demonstrate their skill or knowledge. The act requires that all prize competitions be registered with the relevant state government and that certain conditions be met, such as the disclosure of the number and value of prizes to be awarded and the terms and conditions of the competition. The act also prohibits certain types of prize competitions, such as those that involve obscene or indecent material, or those that promote gambling or betting. Violations of the act can result in fines, imprisonment, or both.