Match the following lists

Choose the correct answer from the options given below.

A-III, B-I, C-IV, D-II

The correct answer is option 3- A-III, B-I, C-IV, D-II.

* Importance of consumer protection: From the point of consumers, consumer protection is important because consumers are ignorant, unorganized and exploited by sellers. Consumer Protection is also important for a business because (i) It is in the long-term interest of business, (ii) Business uses society’s resources, (iii) It is a social responsibility of business, (iv)It has moral justification, (v) It avoids government intervention in the functioning of business

* Consumer rights: The Consumer Protection Act, 2019, provides for six consumer rights. These are: (i) Right to safety, (ii) Right to be informed, (iii) Right to be assured, (iv) Right to be heard, (v) Right to seek redressal, (vi) Right to consumer education

* Ways and means of consumer protection: There are various ways in which the objective of consumer protection can be achieved. These Include (i) Self-regulation by business, (ii) Business associations, (iii) Consumer awareness, (iv)Consumer organizations, (v) Government

* Redressal agencies under the consumer protection act: The Consumer Protection Act provides for setting up of a three-tier enforcement machinery at the District, State, and the National levels. They are referred to as the ‘District Forum’, ‘State Commission’, and the ‘National Commission’.