BUSINESS STUDIES

What is consumer protection?...

What is consumer protection?

Text Solution

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Consumer protection refers to the steps taken to protect and promote the rights of consumers. Since long, consumers have been exploited in various ways, e.g. adulteration, misleading advertising, short weighing, etc. In recent years, there has been increasing awareness among consumers about their rights.

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Knowledge Check

In what way the objectives of consumer protection can be achieved?

A

(a) Self-regulation by business

B

(b) Business associations

C

(c) Government

D

(d) All of the above

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ARIHANT PUBLICATION-CONSUMER PROTECTION -Very Short Answer Type Questions

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