Commercial Studies [4 marks Question-Answer]

Explain various types of consumer exploitation.###What are the ways types of consumer are exploited

Explain five main rights of consumers as provided in the Consumer Protection Act, 1986.###Explain any five rights enjoyed by consumers as per the Consumer Protection Act, 1986 

Explain the following Consumer Rights:
(a) Right to be informed (b) Right to Seek Redressal 

Explain the three-tier redressal machinery provided by the Consumer Protection Act for the redressal of consumers' grievances.

Explain the procedure and time limit for filing a complaint under the Consumer Protection Act.

What are unfair trade practices? How are these regulated under the Consumer Protection Act?

Describe the meaning and regulation of restrictive trade practices under the Consumer Protection Act.

Explain the salient features of the Consumer Protection Act.

Describe various methods of consumer protection.

Explain why it is necessary to protect consumer.