Question : Which of the following activities comes under consumer protection?
Option 1: Educating consumers about their rights and responsibilities
Option 2: Helping consumers in getting their grievances redressed
Option 3: Protecting the interests of consumers
Option 4: All of the above
Correct Answer: All of the above
Solution : Educating consumers about the rights and responsibilities, helping consumer in getting their grievances redress, protecting the interest of consumers, all three are the activities which come under consumer protection.
Hence option D is correct.
Question : Which is not an agenda for consumer protection?
Option 1: Consumer rights and responsibilities.
Option 2: Redressal of Consumer grievances
Option 3: Profits of the sellers
Option 4: Maximize the welfare of consumer
Question : What is the purpose of the Consumer Protection Councils under the Consumer Protection Act?
Option 1: To resolve disputes between consumers and producers
Option 2: To educate consumers about their rights and responsibilities
Option 3: To regulate the prices of essential commodities
Option 4: To promote monopolistic practices
Question : What is the responsibility of consumers under the Consumer Protection Act?
Option 1: Consumers have no responsibilities; only rights
Option 2: Consumers are responsible for ensuring fair trade practices
Option 3: Consumers must report any violation of their rights to the authorities
Option 4: Consumers must pay higher prices for goods and services
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile