Discuss the various ways through which the government protects consumers.
The government protects consumers through several means, primarily through the Consumer Protection Act, which lays down the rights of consumers and establishes forums for addressing grievances. Various other laws, such as the Essential Commodities Act, control prices and ensure the availability of essential goods. The government also regulates Advertising Standards to prevent false or misleading claims. Furthermore, the establishment of Food Safety and Standards Authority of India (FSSAI) ensures that food products meet certain safety standards. Additionally, sector-specific regulatory bodies like Telecom Regulatory Authority of India (TRAI) protect consumers in specific industries. Various awareness campaigns and helplines are also set up to assist consumers in resolving their issues.
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Welcome to the NCERT Solutions for Class 12 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 7: Discuss the various ways through which the government protects consumers.....
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