economicsThe objective of consumer awareness is

The objective of consumer awareness is


  1. A
    To save consumers from exploitation
  2. B
    To make them aware of the consumer rights
  3. C
    To avoid malpractices
  4. D
    All of the above 

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    Solution:

    Consumer awareness aims to save consumers from exploitation, make them aware of consumer rights, and avoid malpractices.
    Consumers' consciousness towards their rights and the social and legal obligations of businesses and the government towards them has generally been termed "consumer awareness. Consumers generally participate in market activities by purchasing a final product or service as per their requirements. However, they are exploited in the marketplace because they do not insist on their consumer rights. As a consumer, we expect a certain value for our money, and it is our right to avail ourselves of the right quantity, right quality, information about the product, right prices, etc. However, they are frequently duped and harassed by sellers and manufacturers.They should also know about their consumer rights, which will help them be responsible citizens.
     
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