ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Quality Control Orders. To protect consumers from risk of suffering injury and harm and ensure required safety & technical standards are followed. Central Government is empowered to direct conformity to standard and compulsory use of standard mark under Section 16 of BIS Act.

Detailed explanation-2: -Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer protection measures are often established by law.

Detailed explanation-3: -Mandatory safety standards specify minimum requirements that products must meet before they are supplied to the public. They are introduced when considered reasonably necessary to prevent or reduce the risk of injury. All products must be safe for their intended purpose.

Detailed explanation-4: -There are general like the Sale of Goods Act, 1930, Consumer Protection Act, 1986, Bureau of Indian Standards and Import Policy 2012 for safety of the consumer products.

Detailed explanation-5: -The Consumer Product Safety Commission (CPSC) protects the public from unreasonable risks of serious injury or death from thousands of types of consumer products under its jurisdiction, including products that pose a fire, electrical, chemical, or mechanical hazard or can injure children.