Concept:The Consumer Protection Act was enacted to protect consumer rights against unfair trade practices and exploitation.
Explanation:The Consumer Protection Act was introduced in the year
1986.
It protects consumers from exploitation by manufacturers and sellers.
It established a three-tier redressal system.
At the district level, a Consumer Protection Forum handles complaints up to
Rs. 20 lakh.
At the state level, a Consumer Dispute Redressal Commission handles complaints from
Rs. 20 lakh to
Rs. 1 crore.
At the national level, the National Consumer Dispute Redressal Commission handles complaints above
Rs. 1 crore.
Consumers can appeal against a lower authority's decision to a higher authority.
In
2019, a new Consumer Protection Act was introduced.
It established the Central Consumer Protection Authority and widened the definition of consumer.
Thus, the Consumer Protection Act was introduced in the year
1986.
Answer:Option C:
1986