question_answer

Why is the rise of consumer awareness essential? Explain the measures to protect consumers' interest.                                 [Delhi 2007]

Or

Describe any two features of each of the three strategies adopted by the Government to protect the interests of the consumers.                            [AI 2007]

 

Answer:

With growth of the private sector need for enforcing discipline and regulation in the market has grown. The consumers have to be aware not only of the commercial aspects of sale and purchase of goods, but also of the health and security aspects. Promoting consumer awareness about the possible' malpractices and providing the consumers is the effective way to protect the right of the consumers.

Refer to Ans. 9 (3 Marks).