Question

Which of the following refers to the safeguarding of interest and rights of the consumers?

• A. Consumer guarantees
• B. Consumer organisation
• C. Consumer protection
• D. Consumer groups

Answer 1

The correct option is C

Consumer protection

Consumer protection refers to the safeguarding of the interest and rights of the consumers. A seller can always manipulate the market conditions to his favour. Hence, it is essential to protect a consumer against exploitation at the hands of the sellers.