Question : Statement 1: The Consumer Protection Act grants six basic rights to consumers.

Statement 2: These rights are the right to information, right to safety, right to choose, right to be heard, right to seek redressal, and right to education.

 

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 12th Jan, 2024
Answer (1)
Team Careers360 19th 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 correctly states that the Consumer Protection Act grants six basic rights to consumers, which is true. These rights are established to protect the interests of consumers in various transactions.

Statement 2 also accurately lists the six basic rights granted to consumers under the Consumer Protection Act. These rights are:

1. Right to Information

2. Right to Safety

3. Right to Choose

4. Right to Be Heard

5. Right to Seek Redressal

6. Right to Education

So, both statements 1 and 2 are true, as they accurately describe the rights granted to consumers under the Consumer Protection Act.

Related Questions

Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
CLAT Current Affairs with GK ...
Apply
Stay updated with current affairs & check your preparation with the CLAT General Knowledge Mock Tests Ebook
CLAT English Language Mock Tests
Apply
Free Ebook - CLAT 2025 English Language questions with detailed solutions
VIT Business School, Vellore ...
Apply
Top Recruiters-Amazon, Microsoft, ITC, Marico, Mindtree & many more | Merit Scholarships available
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
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited
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