Law · Consumer Protection Act
Read the statements carefully: Statement 1: The Consumer Protection Act, 1986 was introduced during the pre-globalization era and was amended multiple times to keep pace with economic changes. Statement 2: The emergence of global supply chains, international trade, and e-commerce created new opportunities but also rendered consumers vulnerable to new forms of unfair trade practices. Statement 3: The Consumer Protection Act, 1986, effectively and fully addressed all issues arising from digitalization, which left no gaps before the modern 2019 Act. Which of the following is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All statements are correct.
- 2Statement 1 and Statement 2 are correct, but Statement 3 is incorrect.✓
- 3Statement 1 and Statement 3 are correct, but Statement 2 is incorrect.
- 4Statement 1 is correct, but Statement 2 and Statement 3 are incorrect.
Correct answer
Statement 1 and Statement 2 are correct, but Statement 3 is incorrect.
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