Assertion: A consumer should keep in mind various responsibilities while
purchasing, using and consuming goods and services.
Reasoning: A consumers’ awareness about his rights and responsibilities is the only way in which the objective of consumer protection can be achieved.
Reasoning: A consumers’ awareness about his rights and responsibilities is the only way in which the objective of consumer protection can be achieved.
Answer & explanation
Correct answer: option 3
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 organisations, (v) Government. Thus, Assertion (A) is true but Reasoning (R) is not correct.