“Rules and regulations are required for the protection of the consumers in the market place.” Justify the statement with arguments.
OUTSIDE DELHI - SET 3 2016
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“Rules and regulations are required for the protection of the consumers in the market place."
Individual consumers often find themselves in a weak position , whenever there is a complaint regarding a good or service that had been bought , the seller tries to shift all the responsibility on to the buyer.
Exploitation in the market place happens in various ways. For eg: sometimes the traders indulge in unfair trade practices such as – when shop keepers weigh less than what they should or when traders add charges that were not mentioned before , or when adulterated or defective goods are sold.
At times false information is passed on through the media to attract consumers
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