Business Studies

Consumer Protection

Medium

Which of the following statements does not demonstrate the importance of consumer protection from the consumers' perspective?

Consumer ignorance

Moral justification

Unorganised consumers

Widespread exploitation of consumers

✅ Correct Option: 2

From the consumers' point of view, protection is needed due to consumer ignorance, the unorganised nature of consumers, and widespread exploitation through unfair trade practices. Moral justification is an argument from the business's point of view, since it is the ethical duty of business to serve consumers' interests. Hence it does not reflect the consumers' perspective.

2026: 31 May Shift 1

The following combination constitutes the consumer responsibilities

A. Assert yourself to ensure that you get a fair deal.

B. Be honest in your dealings.

C. Buy only standardized goods as they provide quality assurance.

D. Respect the environment. Avoid waste, littering and contributing to pollution.

Choose the correct answer from the options given below:

2025: 31 May Shift 1

Seema purchased a TV for Rs. $15000$ , and she found that it was not working properly. Despite efforts, Seema was not able to file a complaint. Which of the following consumer rights has been violated in this case?

2025: 22 May Shift 1

Analyse the statements given below and identify which of the following is not the role of Consumer Organisations and NGOs?

2022: 28 May Shift 2

Consider the following Facts about Consumer Protection Act :

(A) Getting relief against unfair trade practices by a consumer is called right to be heard

(B) A seller is not a King in a free market economy

(D) Right of Consumer for being well informed throughout life, is called right to be informed

(E) Freedom to consumer for accessing variety of Products is right to be assured.

Choose the correct answer from the options given below :

2025: 21 May Shift 1

What legal remedy Ananya can avail for resolving her issue?

2025: 30 May Shift 1

What does Caveat Venditor imply?

Which of the following statements does not demonstrate the importance of consumer protection from the consumers' perspective?

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)