Question : Statement 1: The Consumer Protection Act provides consumers with the right to information.
Statement 2: It ensures that consumers have access to accurate information about products and services.
Option 1: Both statement 1 and statement 2 are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, but statement 2 is true.
Option 4: Both statement 1 and statement 2 are false.
Correct Answer: Both statement 1 and statement 2 are true.
Solution : The correct answer is (a) Both statement 1 and statement 2 are true.
Statement 1 is true. The Consumer Protection Act provides consumers with the right to information. This means that consumers have the legal right to access relevant and accurate information about products and services they intend to purchase.
Statement 2 is also true. The act ensures that consumers have access to accurate information about products and services. This is an important aspect of consumer protection, as it empowers consumers to make informed choices and protects them from deceptive or misleading practices.
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