Which of the Following, is the Main Objective of Consumer Protection Act?
(i) To Protect the Interests of the Policy-Holders.
(ii) To Protect the Interests of the Investors.
(iii) To Provide a Simple, Speedy, and In-Expensive Redressal to the Consumer-Grievances.
A)Only (i) is Correct.
B)Both: (i) and (ii), are Correct.
C)Only (iii) is Correct.
D)Both: (i) and (iii), are Correct.

Question

Quizplus · Accepted Answer

The main objective of the Consumer Protection Act is to provide a simple, speedy, and inexpensive redressal to consumer grievances, focusing on the rights and interests of consumers rather than policy-holders or investors specifically.

Which of the Following, Is the Main Objective of Consumer