Which of the following statements are correct ? (A) The Consumer Protection Act seeks to protect and promote the consumers interest. (B) Consumer Protection Act was laid down in the year 1947. (C) It is the moral duty of any business to take care of consumers interests. (D) A business has social responsibilities towards various interest groups. (E) Government of India has enacted several regulations designed to provide adequate protection to consumers. Choose the correct answer from the options given below :

Question

Option 1: (A), (C) and (D) only

Option 2: (A), (C), (D) and (E) only

Option 3: (A), (B), (C) and (D) only

Option 4: (B), (C) and (D) only

AfterBoards · Accepted Answer

The answer is '(A), (C), (D) and (E) only'. View full solution:

CUET Business Studies 2022 28 May Shift 2 PYQs

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