1 View

Question : Statement 1: The Consumer Protection Act ensures that consumers have access to a quick and efficient dispute resolution process.

Statement 2: It establishes consumer forums at different levels to handle complaints in a timely manner.

 

Option 1: Both statement 1 and statement 2 are true.

Option 2: Statement 1 is true, but statement 2 is false

Option 3: Statement 1 is false, but statement 2 is true.

Option 4: Both statement 1 and statement 2 are false.


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Both statement 1 and statement 2 are true.


Solution : The correct answer is (a) Both statement 1 and statement 2 are true.

Statement 1 is true. The Consumer Protection Act ensures that consumers have access to a quick and efficient dispute resolution process. This is achieved through the establishment of consumer forums that aim to resolve consumer complaints in a timely manner.

Statement 2 is also true. The act establishes consumer forums at different levels, such as District Consumer Disputes Redressal Commissions, State Consumer Disputes Redressal Commissions, and the National Consumer Disputes Redressal Commission, to handle complaints and disputes in a timely and efficient manner.

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
SLAT 2025 - The Symbiosis Law...
Apply
Conducted by Symbiosis International (Deemed University) | Ranked #5 in Law by NIRF | Ranked #2 among best Pvt Universities by QS World Rankings
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited | Ranked #5 by NIRF
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
ISBR Business School PGDM Adm...
Apply
180+ Companies | Highest CTC 15 LPA | Average CTC 7.5 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business Scho...
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books