Maharashtra State BoardHSC Commerce 12th Board Exam
Advertisement Remove all ads

Consumer Protection Act is a Blessing for the Consumers. - Organisation of Commerce and Management

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads

Consumer Protection Act is a blessing for the consumers.

Advertisement Remove all ads

Solution

This Statements is True.

  1. In India, a large number of consumers are not educated, ignorant, indifferent etc. Therefore, they are not aware about the goods that are available in the market, quality, price, term and sale etc.
  1. Since most of the consumers are not educated they do not know their rights and duties and they get cheated and exploited.
  1. Therefore, a consumer movement is necessary because you are able to guide and educate them about their rights, duties, marketing procedures, quality standards, availability of credit etc. Such information can be given by seminars, exhibitions, demonstrations, film shows etc.
  1. Consumer movement is necessary to fight against the malpractices of businessman, monopolistic tendencies, injustice to the consumers and to protect the consumer’s right in a peaceful manner.
  1. Thus, Consumer Protection Act is a blessing for the consumers.
Concept: Consumer Protection Act 1986 (COPRA)
  Is there an error in this question or solution?

APPEARS IN

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×