In which year Consumer Protection Act was introduced in India?
In which year Consumer Protection Act was introduced in India? Correct Answer 1986
Explanation:
About Consumer Protection Act:
- The act aimed at protecting the consumer from exploitation in the hands of manufacturers.
- This act provides for the establishment of Consumer Protection Forums at the district level, Consumer dispute redressal Commission at the state level and National Consumer Dispute Redressal Commission at a national level.
- The pecuniary limit for the district level authority is less than Rs. 20 lakh, from Rs. 20 lakh to 1 crore for state-level that more than 1 crore for a national commission.
- The consumer can appeal against the decision of a lower redressal authority to a higher authority.
- In 2019 a new Consumer protection act was introduced that provided for the establishment of the Central Consumer Protection Authority, widened the definition of consumer, increased the pecuniary limits, etc.
Thus, the Consumer Protection Act was introduced in the year 1986.
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Feb 20, 2025