Consider the following statement regarding Consumer Protection Act 1 Consumer Protection Act exclude...........

Indian Polity Fundamental Rights

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Consider the following statement regarding Consumer Protection Act-

1. Consumer Protection Act excludes commercial transaction from its purview.

2. The consumer can seek redressal against only individual and Private enterprises and not public enterprises.

3. The act provides for establishment of 2-tier consumer dispute redressal machinery at the national and state level.

Which of the above statement is/are correct?

1 and 2 only

2 and 3 only

1 only

All of the above

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Explanation:

statement 3 is incorrect because consumer protection Act provide-tier Redressal machinery District Consumer Disputes Redressal Forum (DCDRF): Also known as the "District Forum" established by the State Government in each district of the State. The State Government may establish more than one District Forum in a district. It is a district level court that deals with cases valuing up to 2 million (US$30,000) • State Consumer Disputes Redressal Commission (SCDRC): Also known as the "State Commission" established by the State Government in the State. It is a state level court that takes up cases valuing less than 10 million (US$150,000)[ • National Consumer Disputes Redressal Commission (NCDRC): Established by the Central Government.