Target Exam

CUET

Subject

Business Studies

Chapter

Consumer Protection

Question:

Rights of consumer are protected under which of the following Act (s)?

Options:

Consumer protection Act 2019

Consumer protection Act 2021

Consumer protection Act 2015

Consumer protection Act 2010

Correct Answer:

Consumer protection Act 2019

Explanation:

The correct answer is option 1- Consumer protection Act 2019.

From the point of consumers, consumer protection is important because consumers are ignorant, unorganised and exploited by sellers. Consumer Protection is also important for a business. The Consumer Protection Act,2019 provides for six consumer rights. These are:
(i) Right to safety
(ii) Right to be informed
(iii) Right to choose
(iv) Right to be heard
(v) Right to seek redressal
(vi) Right to consumer education.