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

A student of banking law notes the structure of the Central Consumer Protection Authority. Which statement is correct under the Act?

The Authority consists of a Chief Commissioner and the prescribed number of other Commissioners, all appointed by the Central Government. Its headquarters is in the National Capital Region of Delhi, and the Minister chairs the separate advisory Central Council, not the Authority.

  1. AIt consists of a Chief Commissioner and such number of other Commissioners as prescribed, appointed by the Central GovernmentCorrect
  2. BIt is chaired by the Minister-in-charge of Consumer Affairs
  3. CIts headquarters must be in Mumbai
  4. DIt consists only of members nominated by State Governments

Explanation

Section 10(2) provides a Chief Commissioner and other prescribed Commissioners appointed by the Central Government. The Minister chairs the advisory Central Council, not the Authority, and the headquarters must be in the National Capital Region of Delhi.

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