Question : Assertion: The Consumer Protection Act mandates that consumers have the responsibility to make informed decisions.
Reason: It requires consumers to be aware of their rights and exercise them judiciously.
Option 1: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both the assertion and the reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Correct Answer: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
This assertion is correct. The Consumer Protection Act and other consumer protection laws often emphasize the responsibility of consumers to make informed decisions. It encourages consumers to be vigilant and exercise their rights judiciously.
The reason is also correct and provides a correct explanation for the assertion. The Consumer Protection Act, along with other consumer protection principles, indeed expects consumers to be aware of their rights and to exercise them wisely. Informed and responsible consumer behavior is essential for the effective functioning of consumer protection measures.