n NISM Certifications
NSM General NISM
Medium

How is “defect” defined under the Consumer Protection Act?

Practice question from IC 38 Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Any imperfection in the quality, nature, or performance of a service

    Correct answer

  2. B

    Any fault in the quality of goods

  3. C

    Any breach of contract by a service provider

  4. D

    Any legal violation by goods or service provider

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.