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Explain the concept of ‘consumer protection’ and any three points of its importance from the point of view of consumers. - Business Studies

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प्रश्न

Explain the concept of ‘consumer protection’ and any three points of its importance from the point of view of consumers.

State any three points of importance of consumer protection from the point of view of consumers.

Explain the need for consumer protection from the point of view of consumers.

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दीर्घउत्तर
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उत्तर

Consumer protection refers to educating consumers regarding their rights and responsibilities along with the redressal of their grievances and complaints.

  1. Consumer Ignorance: In India, consumers are unaware of their rights and available reliefs, so it becomes important to educate them about the same
  2. Consumer Exploitation: In India, consumer organisations and NGOs are few and not that powerful, implying the need to protect consumers.
  3. Unorganised Consumer Group: Sellers are engaged in exploitative and unfair trade practices to increase sales, implying the need for consumer protection.
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अध्याय 15: Consumer Protection - QUESTION BANK [पृष्ठ ४७३]

संबंधित प्रश्न

The right of consumer which allows him to express his views.


 State the ways and means of consumer protection.


write short note on Consumer Rights


Answer the following question:
Explain briefly any two points of importance of consumer protection from the point of view of the business.


Indian Youth Organisation (IYO) organised a visit of its members to an old age home to inculcate the habit of social work among them. The visit revealed that the living conditions of the inmates of the old age home were not hygienic. So, the IYO members decided to clean the premises. During their cleanliness drive, they realised that the old age home also required pest control. But some of the inmates of old age home were reluctant for it because they believed that the pest control may create health problems for them. IYO therefore decided to provide ethical, safe and odourless pest control. They showed to the inmates of old age home a pamphlet of the proposed pest control product which promised easy, inexpensive and long-lasting pest control. The inmates happily agreed and the pest
control was carried out. It worked for a fortnight but to their dismay, the effect started wearing off. IYO contacted the pest control company which kept on postponing their visit. After waiting for a month, IYO filed a case in the consumer court.

The consumer court was satisfied with the genuineness of the complaint and issued necessary directions to the pest control company

1) State any six directions that might have been issued by the court.

2) Also, identify any two values that are being communicated by IYO to the society.


Himanshu purchased a new car from 'Galaxy Motors' for Rs 25 lakhs. He was offered free insurance for the first year and three free servicing to be availed after the car had covered 5,000 km, 10,000 km and 15,000 km respectively. When Himanshu took the car for the first free servicing, he was told that the car was not new and the first service had already been availed on this car. He felt cheated and filed a complaint in the State Commission. Being not satisfied with the decision of the State Commission, after two months he decided to file an appeal against it.

Can Himanshu appeal against the decision of the State Commission? Give reason in support of your answer


Pankaj purchased a car from ‘Abhishek Motors’ for < 50 lakhs. The company offered many attractive gifts to Pankaj like — free insurance for first two years, free pick-up and drop facilities for free servicing up to 20,000 km, etc. But after a few days, Pankaj noticed that the pick-up of the car was not good and there were some problems with the engine. The company serviced the car free of cost but even then Pankaj was not satisfied with its performance. ‘Abhishek Motors’ is not giving him the due response. So he filed a complaint in the State Commission but was not satisfied with its decision also. He was very much disturbed and after two months decided to appeal against it. Can Pankaj appeal against the decision of the State Commission ? Give reason in support of your answer.


Under which consumer right does a business firm set up consumer grievance cell?


What are various ways in which the objective of consumer protection can be achieved?


Select the proper option from the options given below and rewrite the complete sentence:
In the modern competitive market, consumer is regarded as the ________.


 Match the correct pairs :

Group 'A' Group 'B'
a. Private Company 1. Minimum 7 members
b. Overdraft 2. Saving Account
c. ATM 3. 1996
d. Consumer Protection Act 4. Electronic Business
e. Controlling 5. Current Account
  6. Maximum 50 members
  7. Automatic Teller Machine
  8. 1986
  9. Individual Taste
  10. To take corrective action

______ every year is declared as a Consumer Protection Day to educate the public about their rights and responsibilities.


What is the importance of consumer protection from the point of view of a business.·


Mayank purchased a pack of chocolates of a renowned brand for his daughter from a shop in the nearby market. After consuming the chocolates, his daughter fell sick. He filed a case with the District forum against the renowned brand. He lost the case because of a mistake that he could not provide proof of purchase. What should be kept in mind by a consumer while purchasing, using and consuming goods and services apart from avoiding the mistake committed by Mayank, in order to enable him/her to achieve the objective of consumer protection? Enumerate any four points.


______ is the standardisation mark given to wheat flour and spices to assure their quality.


What are consumer aids?


Briefly describe any two Consumer Aids.


What is the purpose of FSSAI agency?


A wholesaler sold adulterated goods which were hazardous to the consumer's health.


Mr. Deepak purchased a washing machine from a renowned E-Commerce platform for ₹ 25000. He ensured that he received a cash memo.
Unfortunately, his clothes got damaged in the first wash due to manufacturing defect in the machine's rotator.

  1. Mr. Deepak can be called a responsible consumer. Give one reason to support this statement.
  2. Which provision under Consumer Protection Act, 2019 enables Mr. Deepak to claim a compensation for the manufacturing defect in the washing machine?
  3. Mention any two points of mandatory information which E-Commerce platform must provide fo a consumer.

______ is given to products that are biodegradable and have the capacity to be recycled.


Briefly discuss any two features of Current account in a bank.


Aradhya bought a tricycle online, but upon delivery found that its dimensions were not as big as she had expected. When attempting to return it, she realised that the item was non-returnable.
Which consumer responsibility was overlooked by her?


Meena wants to deposit her surplus money in the bank for a higher rate of interest. Keeping in view Meena’s requirement, suggest the type of bank account she should open. Mention any one feature of the account suggested by you. 


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