Single Answer MCQ
Q-00002717
What is the significance of consumer rights in the context of market operations in India?
1
To protect consumers from exploitation
2
To promote unfair trade practices
3
To benefit sellers only
4
To limit consumer choices
Answer and Solution
Answer
A. To protect consumers from exploitation
Solution:
Consumer rights are essential in India to safeguard consumers from exploitation by sellers and to ensure fair trade practices. Therefore, the correct answer is 'To protect consumers from exploitation'.
Watch Video Solution