Which of the following statements about the need for consumer protect…

The correct answer is Option (3) → The need for consumer protection includes ensuring the survival and growth of consumer organisations.

Option (1) The need for consumer protection arises from the need to protect consumers from loss or injury. — True. The need arises from the need to protect consumers from loss or injury and other malpractices.

Option (2) The need for consumer protection includes ensuring consumer satisfaction. — True. Consumer satisfaction is one of the things consumer protection seeks to ensure.

Option (3) The need for consumer protection includes ensuring the survival and growth of consumer organisations. — False. The item is the survival and growth of businesses. A business that protects its buyers keeps them and grows.

Option (4) The need for consumer protection includes ensuring social justice and trusteeship. — True. Social justice and trusteeship is one of the things to be ensured.