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Question
Who is the consumer?
Solution
The word 'Consumer' is derived from the Latin word 'Consumere' which means, to eat or to drink. The consumer is the one who consumes or uses any commodity or service available from natural resources or through a market.
A consumer means any person who buys any goods, hires any service or services for a consideration which has been paid or promised or partly paid or partly promised or under any system of deferred payments.
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RELATED QUESTIONS
The main objective of the consumer organization is to protect the interest of the ______.
______ is celebrated as World Consumer Day.
Match the pair.
| Group A | Group B | ||
| A) | King of the market |
1) |
1930 |
| B) | National Commission | 2) | Socialist |
| C) | Mumbai Grahak Panchayat | 3) | Exceeds Rs. ten crore |
| D) | Sale of Goods Act | 4) | Non-Government Organization |
| E) | Consumer Right | 5) | Consumer |
| 6) | Legislative Measures | ||
| 7) | Exceeds Rs. One crore but does not exceeds Rs. ten crores. | ||
| 8) | 1956 | ||
| 9) | Consumer Protection Act | ||
| 10) | Right to information | ||
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