Question
State the two views to classify importance of consumer protection.

Answer

The importance of consumer protection can be broadly classified with respect to two views. They are:
$(A)$ Importance of consumer protection from the View point of business
$(B)$ Importance of consumer protection from the View point of consumer
  • The list of functions to be done under consumer protection is quite long and exhaustive.
  • The function of consumer protection is not limited to spreading awareness regarding consumers’ rights and responsibilities but also solving their genuine complaints.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free