Maharashtra State BoardHSC Commerce 12th Board Exam
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State with Reasons Whether the Following Statements Are True Or False. in India Consumer Protection Act is Not Required. - Organisation of Commerce and Management

MCQ
True or False

State with reasons whether the following statement is True or False.
In India consumer protection act is not required.

Options

  • True

  • False 

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Solution

In India, the Consumer Protection Act is not required. - False
Explanation:
The Consumer Protection Act is needed in India because many people in the country are unaware of the rights they possess and the reliefs available to them. Also, a large chunk of the population is illiterate and unorganised; this results in the exploitation of consumers at the hands of sellers. Thus, the Consumer Protection Act is essential in India.

Concept: Consumer Protection Act 1986
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