Skip to content

CS Professional · Banking and Insurance - Laws and Practice · Consumer Protection

A bank's compliance officer prepares a note on the Central Consumer Protection Council. Which statement about its composition 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. The other official or non-official members, representing interests, are as prescribed. The Chief Commissioner structure belongs to the Central Authority, not the Council.

  1. AIt consists of a Chief Commissioner and other Commissioners appointed by the Central Government
  2. BIt is chaired by the Collector of the district, with other members as prescribed
  3. CIt is chaired by the Minister-in-charge of the Department of Consumer Affairs, with other official or non-official members as prescribedCorrect
  4. DIt is chaired by the Minister-in-charge of Consumer Affairs of a State, with up to ten members nominated by the Central Government

Explanation

Section 3(2) makes the Central Council an advisory council with the Minister-in-charge of the Department of Consumer Affairs as Chairperson, plus other official or non-official members representing prescribed interests. Option A describes the Central Authority, B the District Council, and D the State Council.

Did you get it right without looking?

One question tells you little. A timed set on Consumer Protection shows your real accuracy, how long you take and where you lose marks.

More Consumer Protection questions