Explain the significance of the Consumer | Class 12 Business Studies Chapter Consumer Protection, Consumer Protection NCERT Solutions

Welcome to the NCERT Solutions for Class 12 Business Studies - Chapter Consumer Protection. This page offers a step-by-step solution to the specific question from Exercise 4: Extra Questions, Question 8:

Explain the significance of the Consumer Protection Act, 2019. How is it different from the 1986 Act?

. With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.

Question 8:

Explain the significance of the Consumer Protection Act, 2019. How is it different from the 1986 Act?

Answer:

The Consumer Protection Act, 2019 was enacted to provide more robust protection to consumers, addressing the growing complexity of the market, especially in e-commerce. The key features include the establishment of the Central Consumer Protection Authority (CCPA) to regulate unfair trade practices, and the introduction of product liability—holding manufacturers accountable for defective products. The 2019 Act also enables the filing of complaints electronically and expands the jurisdiction of consumer courts, allowing consumers to file complaints at their place of residence rather than the seller’s location. This makes redressal mechanisms more accessible. Moreover, the 2019 Act includes provisions for mediation, providing an alternative dispute resolution mechanism that is quicker and less expensive compared to formal litigation, a feature absent in the 1986 Act.


Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

  • Read the question carefully and focus on the core concept being asked.
  • Reference examples and data from the chapter when answering questions about Consumer Protection.
  • Review previous year question papers to get an idea of how such questions may be framed in exams.
  • Practice answering questions within the time limit to improve your speed and accuracy.
  • Discuss your answers with your teachers or peers to get feedback and improve your understanding.

Latest Blog Posts

Stay updated with our latest educational content and study tips

How to Build a Career in Data Analytics Without a Computer Science Degree

All businesses are gathering information on customers, products, employees, and expenditures, and someone must make decisions based on the data. That individual is the data analyst. Unlike many career changers imagine, the job is open to a broader cross-section of the population than a typical career change. A lot of working analysts trained in commerce, … Read more

Read More

Life Insurance vs Health Insurance: Why Families May Need Both

Are often purchased, talked and planned as being a replacement for another. They aren’t. One safeguards your family’s income in your absence and the other safeguards your family’s savings in the event that someone becomes ill. An examination of what they do, what they do not do, and why they are missing it when one … Read more

Read More

Home Loan vs Savings: Compare the Costs Before Buying a Home

Pay upfront, or pay off less and over time? The truth depends on four factors most consumers will never compare at the same time: the interest rate on the house loan, the interest rate on the savings account, the rate of home price appreciation, and the cost of renting the home until you actually buy … Read more

Read More

Business After 30 or a Stable Job: Which Path Should You Choose?

Thirty is when the question starts to get raised and you’re able to do something because you know you have the experience—you know you have the responsibility. Here are some ways to consider the choice based on a realistic assessment without idealizing either aspect. Restlessness is one of those things that appears in your early … Read more

Read More

Related Student Tools

Add Comment

Welcome to the NCERT Solutions for Class 12 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 8: Explain the significance of the Consumer Protection Act, 2019. How is it different from the 1986 Act....

Ask a Question
Keep learning

Discover More on SaralStudy

Explore all articles