Percentage Calculator
Calculate percentage from obtained marks and total marks.
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.Explain the significance of the Consumer Protection Act, 2019. How is it different from the 1986 Act?
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.
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:
Stay updated with our latest educational content and study tips
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 MoreAre 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 MorePay 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 MoreThirty 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 MoreCalculate percentage from obtained marks and total marks.
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....
Fresh educational articles and updates.
Most-read articles from SaralStudy.
Fast access to frequently used study resources.
Recently viewed articles based on SaralStudy activity.
Add Comment