CURRENT AFFAIRS

Detailed explanation-1: -International Conference on Consumer Protection was organised by the Department of Consumer Affairs with the association of United Nations Conference on Trade and Development (UNCTAD).

Detailed explanation-2: -The Consumer Protection Bill, 1986 was passed by both the Houses of Parliament and it received the assent of the President on 24th December, 1986. It came on the Statutes Book as THE CONSUMER PROTECTION ACT, 1986 (68 of 1986). 1.

Detailed explanation-3: -Every year 15th March is celebrated as the World Consumer Rights Day. World Consumer Rights Day was inspired by President John F Kennedy, who sent a special message to the US Congress on 15th March 1962, in which he formally addressed the issue of consumer rights.

Detailed explanation-4: -Every Year 24th December is observed as National Consumer Day with a specific theme in India. 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.

Detailed explanation-5: -The Consumer Protection Bill, 1986 seeks to provide for better protection of the interests of consumers and for the purpose, to make provision for the establishment of Consumer councils and other authorities for the settlement of consumer disputes and for matter connected therewith. (f) right to consumer education. 3.