Question

Assertion (A): The Monopolies and Restrictive Trade Practices Commission could not protect consumers from exploitation by medium- and small-scale industries and traders.

Reason (R): The Government of India introduced the Consumer Protection Act in 1986.

• A. Both A and R are true. R is the correct explanation of A.
• B. Both A and R are true. R is not the correct explanation of A.
• C. A is true, but R is false.
• D. A is false, but R is true.

Answer 1

The correct option is A Both A and R are true. R is the correct explanation of A.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The Monopolies and Restrictive Trade Practices Act was passed in India in 1969 to protect the interests of consumers and small producers from monopolists and big producers. Although the commission was able to keep a check on the malpractices of big producers, it could not protect the consumers from exploitation by medium- and small-scale industries and traders. So, the Government of India introduced the Consumer Protection Act in 1986.