Q10 of 10 Page 506

On which day is ‘National Consumer’s Day’ celebrated every year in India?

Every Year 24th December is observed as National Consumer Day with a specific theme in India. It was on this day that the Indian Parliament enacted the Consumer Protection Act in 1986. India is one of the countries that have exclusive courts for consumer redressal.


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Why are rules and regulations required for the protection of consumers in the marketplace? Explain with examples.

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Explain ‘we are consumers and producers’.

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