wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

State with reasons whether the following statements are True or False.

The Consumer Protection Act is a blessing for consumers.

Open in App
Solution

Consumer protection act is blessing for the consumers - True
Explanation:
The Consumer Protection Act is a blessing for consumers because the Act aims at ensuring protection of consumers’ interests against various forms of exploitation. Under the Act, a three-tier machinery comprising District Forums, State Commissions and the National Commission has been set up for the speedy redressal of consumer grievances.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Relief and Redressal
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon