State with reasons whether the following statements are True or False.
In India consumer protection act is not required.
ANSWER:
In India, the Consumer Protection Act is not required. - False
Explanation:
The Consumer Protection Act is needed in India because many people in the country are unaware of the rights they possess and the reliefs available to them. Also, a large chunk of the population is illiterate and unorganised; this results in the exploitation of consumers at the hands of sellers. Thus, the Consumer Protection Act is essential in India.
