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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?
Assertion (A): Consumer organisation such as NGOs and civil societies ensure check and balance against ill practices of business.
Reason (R): CA, 1986 gave legal states to the such organisation.
  • a)
    Both A and R are true and R is the correct explanation of A
  • b)
    Both A and R are true, but R is not the correct explanation of A
  • c)
    A is true, but R is false
  • d)
    A is false, but R is true
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Direction: In the questions given below are two statements labelled a...
A consumer organisation/association is a membership-based non-governmental non-profit body created to promote the interests of consumers of goods and services, by disseminating information and lobbying for laws to protect consumers against producers or sellers, who may usually be better organised or have more resources.
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Most Upvoted Answer
Direction: In the questions given below are two statements labelled a...

Explanation:

Assertion (A) and Reason (R) Analysis:

- Consumer organisations such as NGOs and civil societies ensure check and balance against ill practices of business.
- This statement is true because consumer organisations play a crucial role in advocating for consumer rights, ensuring fair business practices, and holding companies accountable for any unethical behavior.

- CA, 1986 gave legal status to such organisations.
- This statement is false because the Consumer Protection Act (CPA) of 1986 in India does not specifically mention giving legal status to consumer organisations. However, the CPA does provide a legal framework for consumer protection and redressal of grievances.

Evaluation of the Statements:

- Both A and R are true, but R is not the correct explanation of A.
- While both statements are individually true, the Reason (R) does not directly explain the Assertion (A). The legal status of consumer organisations is not explicitly linked to the enactment of the Consumer Protection Act, 1986.

Therefore, the correct answer is A is false, but R is true as per the evaluation of the given statements.
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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Consumer organisation such as NGOs and civil societies ensure check and balance against ill practices of business.Reason (R): CA, 1986 gave legal states to the such organisation.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'D'. Can you explain this answer?
Question Description
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Consumer organisation such as NGOs and civil societies ensure check and balance against ill practices of business.Reason (R): CA, 1986 gave legal states to the such organisation.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Consumer organisation such as NGOs and civil societies ensure check and balance against ill practices of business.Reason (R): CA, 1986 gave legal states to the such organisation.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Consumer organisation such as NGOs and civil societies ensure check and balance against ill practices of business.Reason (R): CA, 1986 gave legal states to the such organisation.a)Both A and R are true and R is the correct explanation of Ab)Both A and R are true, but R is not the correct explanation of Ac)A is true, but R is falsed)A is false, but R is trueCorrect answer is option 'D'. Can you explain this answer?.
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