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Indian EconomyMedium

The Central Consumer Protection Authority (CCPA) was established under which law?

  1. A.The Competition Act, 2002
  2. B.The Consumer Protection Act, 2019
  3. C.The Legal Metrology Act, 2009
  4. D.The Bureau of Indian Standards Act, 2016

Correct answer

B. The Consumer Protection Act, 2019

Explanation

The correct answer is B, the Consumer Protection Act, 2019. The CCPA is a regulator created by that Act to protect the interests of consumers as a class, and not merely to decide an individual complaint. It may inquire on its own motion or on a complaint into unfair trade practices and violations of consumer rights, order the recall of unsafe goods and the refund of their price, order the discontinuation of a misleading advertisement and impose a penalty on the manufacturer and on the endorser of such an advertisement. Option A is wrong because the Competition Act of 2002 set up the Competition Commission of India instead. Option C is wrong because the Legal Metrology Act of 2009 governs weights and measures and declarations on packaged goods. Option D is wrong because the Bureau of Indian Standards Act of 2016 relates to the national standards body and the ISI mark.

Read the full article: Consumer Protection and Competition Law: Notes and PYQs

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Q1.Indian EconomyAsked in: SSC MTS · 12 Oct 2021, Shift 3Medium

As per the Consumer Protection Act, 1986 a complaint can be filed in the District Consumer Disputes Redressal Forum if the value of the claim is up to:

  1. A.Rs. 5 lakh
  2. B.Rs. 15 lakh
  3. C.Rs. 20 lakh
  4. D.Rs. 10 lakh
Show answer
Correct answer: C. Rs. 20 lakh

The Consumer Protection Act, 1986 created a three-tier machinery and fixed a money limit for each tier: the district forum could hear a complaint where the value of the goods or services and the compensation claimed did not exceed twenty lakh rupees, the state commission took claims above that limit…

Q2.Indian EconomyAsked in: Delhi · 15 Nov, 2023, Shift 3Medium

Which of the following is NOT an element of the Competition Act 2002?

  1. A.Prohibition of anti-competitive agreements
  2. B.Regulation of combination
  3. C.Abuse of dominant position
  4. D.Prohibition of trade
Show answer
Correct answer: D. Prohibition of trade

The Competition Act, 2002 rests on three pillars, and freedom of trade is the very thing it protects, so no provision of it prohibits trade; on the contrary, the Act opens by stating that it seeks to ensure freedom of trade carried on by other participants in markets in India.

Q3.Indian EconomyEasy

Which Act governs consumer protection in India at present?

  1. A.The Consumer Protection Act, 1986
  2. B.The Consumer Protection Act, 2019
  3. C.The Monopolies and Restrictive Trade Practices Act, 1969
  4. D.The Essential Commodities Act, 1955
Show answer
Correct answer: B. The Consumer Protection Act, 2019

The new Act widened the definition of a consumer to cover online, teleshopping and multi-level marketing purchases, created the Central Consumer Protection Authority, introduced product liability and rules for electronic commerce, allowed mediation and e-filing, and renamed the three redressal bodies as Commissions.