Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Consumer Protection

Question:
Consumer Rights Explanation
A. Right to consumer education I. Right to be protected against goods and services which are hazardous to life
B. Right to be heard II. Right to have complete information of the product 
C. Right to be informed III. Right to file a complaint and be heard in case of dissatisfaction
D. Right to safety IV. Right to acquire knowledge and to be well informed consumer

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

Right to Consumer Education: The consumer has a right to acquire knowledge and to be a well informed consumer throughout life. He should be aware about his rights and the reliefs available to him in case of a product or service falling short of his expectations.

Right to be Heard: The consumer has a right to file a complaint and to be heard in case of dissatisfaction with a good or a service. It is because of this reason that many enlightened business firms have set up their own consumer service and grievance cells.

Right to be Informed: The consumer has a right to have complete information about the product he intends to buy including its ingredients, date of manufacture, price, quantity, directions for use, etc. It is because of this reason that the legal framework in India requires the manufactures to provide such information on the package and label of the product.

Right to Safety: The consumer has a right to be protected against goods and services which are hazardous to life and health.