Every Year 24th December is observed as National Consumer Day with a specific theme in India. This year the National Consumer Day is celebrated with the theme “Timely Disposal of Consumer Complaints”.
On this day the Consumer Protection Act, 1986 had received the assent of the president. The enactment of this Act is considered as a historic milestone in the consumer movement in the country.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- The Consumer Protection Act aims to provide consumers with effective safeguards against different types of exploitation such as defective goods, deficiency in services and unfair trade practices.