n NISM Certifications
NSM General NISM
Medium

Under the Consumer Protection Act, who is defined as a consumer?

Practice question from IC 38 Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A person buying goods or hiring services for commercial use

  2. A person buying goods or hiring services for personal use

    Correct answer

  3. C

    A person obtaining goods for resale

  4. D

    A person availing services for business purposes

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

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