Answer :

The consumer movement came into existence in 1986 with the Consumer Protection Act to address cases of frauds in the economic exchanges. It takes each citizen to be a consumer and has a broader objective is to protect the consumer against adulteration and frauds, understanding the changing nature of consumer grievances.

The Consumer Protection Act proved its importance with the economic liberalization of India in 1990s. The consumer forums proved to be a good system of check and balance into quality control and after sales services in the market place.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Lifelines of National Economy + Manufacturing Industries RevisionLifelines of National Economy + Manufacturing Industries RevisionLifelines of National Economy + Manufacturing Industries Revision47 mins
History - Concept and QuestionsHistory - Concept and QuestionsHistory - Concept and Questions57 mins
Resources and Development RevisionResources and Development RevisionResources and Development Revision28 mins
Agriculture RevisionAgriculture RevisionAgriculture Revision2 mins
Economics - Concept and QuestionsEconomics - Concept and QuestionsEconomics - Concept and Questions59 mins
Heights and Distances-IHeights and Distances-IHeights and Distances-I45 mins
Sphere and HemisphereSphere and HemisphereSphere and Hemisphere16 mins
Cube and CuboidCube and CuboidCube and Cuboid41 mins
Corrosion: Types, Pros and ConsCorrosion: Types, Pros and ConsCorrosion: Types, Pros and Cons41 mins
Right Circular CylinderRight Circular CylinderRight Circular Cylinder45 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Collect the news MHB - History and Political Science

Write a report onMHB - History and Political Science

On which issues dMHB - History and Political Science

Prepare a format MHB - History and Political Science

Name the policiesMHB - History and Political Science

Which movement inMHB - History and Political Science

Generally the movMHB - History and Political Science

Which movements iMHB - History and Political Science

Choose the correcMHB - History and Political Science

Choose the correcMHB - History and Political Science