Business Studies, asked by punithnayaka1234, 11 months ago

When was consumer protection act emacted?

Answers

Answered by Anonymous
4

1986

The enactment of the Consumer Protection Act, 1986, which came into force with effect from 1st July, 1987 in whole of India, is regarded as 'magna carta' in the field of consumer protection for checking the unfair trade practices and deficiency in goods and services.

Answered by viratgraveiens
0

The Consumer Protection Act in India was enacted in 1986 under the United Nations guidelines or regulations.

Explanation:

The United Nations enforced "UN Guidelines for Consumer Protection" in 1985 with a view to safeguard the consumer rights grom the undesirable impacts of free market.Following the UN guidelines,Indian enacted the Consumer Rights Protection Act in 1986 which is officially known as Consumer Rights Protection Act of 1986.The primary objective of this act is to protect the consumer interests to the maximum capacity against undesirable market exploitation and better address consumer needs and grievances.

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