Question

Consumer Protection Act provides protection to consumers against

• A. Fair trade practices
• B. Exploitation by sellers and manufacturers
• C. Government policies
• D. Business expansion

Hint:

Consumer Rights: \[ \boxed{\text{Right to Safety}} \] \[ \boxed{\text{Right to be Informed}} \] \[ \boxed{\text{Right to Choose}} \] \[ \boxed{\text{Right to Seek Redressal}} \] A very important CUET Business Studies chapter.

Answer 1

The Correct Option is B

Step 1: Recall the objective of Consumer Protection. Consumer protection aims to safeguard consumers from unfair practices adopted by manufacturers, traders and service providers.

Step 2: Understand the need for protection. Consumers may face:
• Adulteration
• Overcharging
• Misleading advertisements
• Sale of defective goods

Step 3: Identify the correct answer. The Consumer Protection Act protects consumers against: \[ \boxed{\text{Exploitation by sellers and manufacturers}} \] Therefore, \[ \boxed{\text{(B)}} \] is the correct answer.