Question
Download Solution PDFWhich of the following statements is NOT correct about the factors that gave rise to the Consumer Movement in India?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFTax on soft beverages is NOT correct.
- The lack of a legal system available to consumers to protect them from exploitation in the marketplace leads to the formation of the consumer movement in India.
- The consumer movement was organized in India form the 1960s.
- The movement encourages consumers to stand up for their rights and lead to an overwhelming number of disputes in consumer courts.
Important Points
- Factors that gave rise to the consumer movement in India are:
- Rampant food shortages.
- Hoarding and Black Marketing.
- Adulteration of food and edible oil.
Additional Information
- The consumer movement in India was a passage to the consumer protection act in India in 1986.
- National Consumer Day is observed every year on December 24 to spread awareness to about consumer importance, their rights, and responsibilities.
- Consumer protection act 1986 is popularly known as COPRA.
- United Nations adopted the UN guidelines for consumer protection in 1985.
Last updated on Jun 12, 2025
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