Question
Download Solution PDFConsumer Protection Act was enacted in ______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 1986.
- The Consumer Protection Act was enacted in India in 1986.
Key Points
Consumer Protection Act:
- The Consumer Protection Bill, 1986 was passed by both the Houses of Parliament and it received the assent of the President on 24th December 1986.
- The Consumer Protection Act,1986 (COPRA) was an Act of the Parliament of India enacted to protect the interests of consumers in India.
- It was replaced by the Consumer Protection Act, 2019.
- It was made for the establishment of consumer councils and other authorities for the settlement of consumers' grievances and matters connected with them.
- The act was passed in Assembly in October 1986 and came into force on December 24, 1986.
This Act is regarded as the 'Magna Carta' in the field of consumer protection for checking unfair trade practices, ‘defects in goods’, and ‘deficiencies in services’ as far as India is concerned.
Additional Information
- Other important acts are:-
| Acts | Years |
| Company Act | 1956,2013 |
| Tiger conservation Act | 1973 |
| Banking Regulation Act | 1949 |
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