The Consumer Protection Act is a blessing for consumers. State with reasons whether the following statements are True or False.

State with reasons whether the following statements are True or False.

The Consumer Protection Act is a blessing for consumers.

ANSWER:

Consumer protection act is blessing for the consumers - True

Explanation:

The Consumer Protection Act is a blessing for consumers because the Act aims at ensuring the protection of consumers’ interests against various forms of exploitation. Under the Act, a three-tier machinery comprising District Forums, State Commissions and the National Commission has been set up for the speedy redressal of consumer grievances.

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