CS Professional · Banking and Insurance - Laws and Practice · Consumer Protection
A bank's compliance officer is asked who chairs the Central Consumer Protection Council. Which answer is correct under the Consumer Protection Act, 2019?
The Central Council is chaired by the Minister-in-charge of the Department of Consumer Affairs in the Central Government. Other official and non-official members are as prescribed. The Collector chairs the District Council, and the Chief Commissioner heads the Central Authority, not the Council.
- AThe Governor of the Reserve Bank of India
- BThe Minister-in-charge of the Department of Consumer Affairs in the Central GovernmentCorrect
- CThe Chief Commissioner of the Central Consumer Protection Authority
- DThe Collector of the district where the Council meets
Explanation
The Act provides that the Central Council consists of the Minister-in-charge of the Department of Consumer Affairs in the Central Government as Chairperson, plus other official or non-official members as prescribed. The Collector chairs the District Council, not the Central Council.
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