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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What are the objectives of the Consumer Protection Act,1986? - Commerce

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Question

What are the objectives of the Consumer Protection Act,1986?

Short/Brief Note
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Solution

The Central Government enacted a comprehensive law called the Consumer Protection Act in 1986. This Act came into force with effect from 15.04.1987. It is in short, called ‘COPRA’.
Objectives:

  • Consumer Protection Act protects the interests of the consumers.
  • This Act provides safeguards against defective goods and deficient services, untrade practices.
  • It also gives settlement of consumer disputes.
  • It is applicable to the public sector, financial, and cooperative enterprises.
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Consumer Protection Act 1986 (COPRA)
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Chapter 16: Consumerism - Exercise [Page 139]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 16 Consumerism
Exercise | Q IV. 5. | Page 139
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