“Rules and regulations are required for the protection of the consumers in the marketplace”. Justify the statement with arguments.
Rules and regulations are required to safeguard the interest and rights of consumers in the market and to provide them speedy redressal of their grievances. For example, a person purchases a television set from a shop and it turns out to be defective. The consumer takes the television set to the shopkeeper for repair. The shopkeeper renders sales service by charging Rs 500 as a service charge while it has been repaired within the warranty period.
Thus, rules and regulations are required to protect consumers mainly because of their helpless position and unfair business practices.
Suggest three steps to minimize the environmental degradation cause by the industrial development in India.
Suggest three steps to minimize the environmental degradation caused by the industrial development in India.
‘Consumption of energy in all forms has been rising all over the country. There is an urgent need to develop a sustainable path of energy development and energy saving’. Suggest and explain any three measures to solve this burning problem.
Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
“The consumer movement arose out of dissatisfaction of the consumers”. Justify the statement with arguments.
If any damage is done to a consumer by a trader, under which consumer right one can move to consumer court to get compensation.
