New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Consider the following statements in regards to the

    Consumer Protection Act, 2019: I) It was introduced as a replacement of COPRA, 1986 II) It came into effect by 20 July 2021 III) It focuses on giving customers more power by taking transparency to another level Which of the following statements is/are incorrect?
    A I & III Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C II & III Correct Answer Incorrect Answer
    D III only Correct Answer Incorrect Answer
    E All Correct Answer Incorrect Answer

    Solution

    The Consumer Protection Act, 2019 was introduced in the Lok Sabha as a replacement of COPRA, 1986 on 8 July 2019 by the Minister of Consumer Affairs, Food and Public Distribution, Ram Vilas Paswan. It was passed by Lok Sabha on 30 July 2019 and later passed in Rajya Sabha on 6 August 2019. The bill received assent from President Ram Nath Kovind on 9 August, and was notified in The Gazette of India on the same date. The Act came into effect by 20 July 2020, while certain other provisions of the Act like establishing the Central Consumer Protection Authority came into effect from 24 July 2020. The Act features focuses on giving customers more power by taking transparency to another level. In September 2020 government declared a new draft known as advertising code which gives customer protection against false advertisements.

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