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Test: Consumer Protection Act- 1 - B Com MCQ


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10 Questions MCQ Test Business Law - Test: Consumer Protection Act- 1

Test: Consumer Protection Act- 1 for B Com 2024 is part of Business Law preparation. The Test: Consumer Protection Act- 1 questions and answers have been prepared according to the B Com exam syllabus.The Test: Consumer Protection Act- 1 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Consumer Protection Act- 1 below.
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Test: Consumer Protection Act- 1 - Question 1

Which year was the Consumer Protection Act passed by the Parliament?

Detailed Solution for Test: Consumer Protection Act- 1 - Question 1
The Consumer Protection Act was passed by the Parliament in 1986.
Test: Consumer Protection Act- 1 - Question 2

What does the Consumer Protection Act provide for?

Detailed Solution for Test: Consumer Protection Act- 1 - Question 2
The Consumer Protection Act provides for three-tier machinery consisting of District Forum, State Commission, and National Commission. It also provides for the formation of consumer protection councils in every state.
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Test: Consumer Protection Act- 1 - Question 3

What is the definition of a complainant under the Consumer Protection Act?

Detailed Solution for Test: Consumer Protection Act- 1 - Question 3
A complainant under the Consumer Protection Act can be a consumer, any voluntary consumer association, or the Central Government or any State Government.
Test: Consumer Protection Act- 1 - Question 4
What is the purpose of the Consumer Protection Act?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 4
The purpose of the Consumer Protection Act is to protect consumers against defective goods, unsatisfactory services, unfair trade practices, etc.
Test: Consumer Protection Act- 1 - Question 5
Which of the following is not covered by the Consumer Protection Act?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 5
Any service or product given free of charge is not covered by the Consumer Protection Act.
Test: Consumer Protection Act- 1 - Question 6
What does the term "defect" mean under the Consumer Protection Act?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 6
The term "defect" under the Consumer Protection Act refers to any fault, imperfection, or shortcoming in the quality, quantity, potency, purity, or standard of goods.
Test: Consumer Protection Act- 1 - Question 7
What is the right to safety under the Consumer Protection Act?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 7
The right to safety under the Consumer Protection Act refers to the consumer's right to be protected against goods and services that are hazardous to health or life.
Test: Consumer Protection Act- 1 - Question 8
What is the responsibility of the consumer to exercise caution in purchasing?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 8
The consumer has the responsibility to exercise caution in purchasing by getting full information on the quality, design, utility, quantity, price, etc. of the product before making a purchase.
Test: Consumer Protection Act- 1 - Question 9
What is the Central Consumer Protection Council?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 9
The Central Consumer Protection Council is a council set up by the Central Government to protect the interests of consumers.
Test: Consumer Protection Act- 1 - Question 10
What are the basic rights of consumers as per the Consumer Protection Act?
Detailed Solution for Test: Consumer Protection Act- 1 - Question 10
The basic rights of consumers as per the Consumer Protection Act include the right to safety, right to be informed, right to choose, right to representation, right to seek redressal, and right to consumer education. These rights aim to protect the interests of consumers and ensure their well-being.
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