According to the importance of consumer protection from consumers' point of view, what is "Widespread Exploitation of Consumers"?

Question

Option 1: Consumers might be exploited by unscrupulous, exploitative and unfair trade practices like defective and unsafe products, adulteration, false and misleading advertising, hoarding, black-marketing, etc

Option 2: A business engaging in any form of exploitative trade practices would invite government intervention or action

Option 3: Consumers need to be organised in the form of consumer organisations which would take care of their interests

Option 4: There is widespread ignorance of consumers about their rights and reliefs available to them, it becomes necessary to educate them about the same so as to achieve consumer awareness

AfterBoards · Accepted Answer

The answer is 'Consumers might be exploited by unscrupulous, exploitative and unfair trade practices like defective and unsafe products, adulteration, false and misleading advertising, hoarding, black-marketing, etc'. View full solution:

List-I (Consumer Rights)	List-II (Explanation)
(A) Right to seek redressal	(I) Right to file a complaint in case of dissatisfaction with a good or service.
(B) Right to be heard	(II) Right to get relief in case the product or service falls short of his expectations.
(C) Right to be informed	(III) Right to get complete details about the product
(D) Right to consumer education	(IV) Right to acquire knowledge throughout life.

CUET Business Studies 2026 23rd May Shift 2 PYQs

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