Target Exam

CUET

Subject

Business Studies

Chapter

Consumer Protection

Question:

Read the following case and answer the question.

Consumer Rights and Responsibilties

Sushma sent her blanket to a laundry shop for dry cleaning. The blanket was purchased at a price of Rs. 5000. She had previously sent the blanket for dry cleaning with Sunflower Dry Cleaners and the blanket was cleaned well. However, she noticed that her blanket had white discoloration marks when she collected the blanket this time. On informing the dry cleaner, Sushma received a letter confirming that discoloration indeed appeared after the blanket was dry-cleaned. She contacted the dry cleaner multiple times and requested compensation for the discolored blanket but company denied any compensation. Upon consumer court's intervention, Sunflower Dry Cleaners agreed to compensate Rs. 3000 to Sushma for discolored the blanket.

Which of the following is not a ways/means of consumer protection?

Options:

Self regulation by business

Business associations

Government

NGO Regulation

Correct Answer:

NGO Regulation

Explanation:

The correct answer is option 4- NGO Regulation.

NGO Regulation is not a ways/means of consumer protection.

 

OTHER OPTIONS

  • Business Associations: The associations of trade, commerce and business like Federation of Indian Chambers of Commerce of Marks indicating quality in different products Food Process Order BIS Hallmark Agmark Eco-mark Mark of Bureau of Indian Standards India (FICCI) and Confederation of Indian Industries (CII) have laid down their code of conduct which lay down for their members the guidelines in their dealings with the customers.
  • Self-regulation by Business: Socially responsible firms follow ethical standards and practices in dealing with their customers Good and ethical practices encourage firms to realise that it is in their long-term interest to serve the customers in a rightful manner.
  • Government: The government can protect the interests of the consumers by enacting various measures. For example, the GOI has set up a toll-free national consumer Helpline Number 1800114000 for this purpose. The legal framework in India encompasses various legislations which provide protection to consumers. The most important of these regulations is the Consumer Protection Act, 2019.