ECONOMICS (CBSE/UGC NET)

ECONOMICS

CONSUMERS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Agency that protects consumers from dangerous products.
A
Environmental Protection Agency
B
Federal Trade Commission
C
Consumer Product Safety Commission (CPSC)
D
None of the above
Explanation: 

Detailed explanation-1: -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.

Detailed explanation-2: -CPSC works to reduce the risk of injuries and deaths from consumer products by: developing voluntary standards with industry. issuing and enforcing mandatory standards; banning consumer products if no standard would adequately protect the public.

Detailed explanation-3: -The law requires manufacturers or importers to issue a Children’s Product Certificate; that the certificate accompany each product or shipment of products; that the certificate be furnished to retailers and distributors; and that the certificate be provided to the CPSC, upon request.

Detailed explanation-4: -CPSC’s Examples of Plain Writing for the Public What to Know About Generators and Carbon Monoxide (CO), a safety guide. Children’s Sleepwear, a safety alert. Drawstrings Can Catch and Kill Children-Warning!, a safety alert. On Safety, blog.

Detailed explanation-5: -The Consumer Product Safety Act (CPSA) authorizes the Consumer Product Safety Commission (CPSC) to develop standards and bans and to pursue recalls under certain circumstances. The CPSC also administers the Consumer Product Safety Improvement Act (CPSIA) and a range of Acts that deal with specific products.

There is 1 question to complete.