Consumer Protection Councils: Jaiib/DBF Paper 3 (Module C) Unit-16

Consumer Protection Councils: Jaiib/DBF Paper 3 (Module C) Unit-16

Dear bankers,

As we all know that is Consumer Protection Councils for JAIIB Exam. JAIIB exam conducted twice in a year. So, here we are Consumer Protection Councils (Unit-16), Banking Related Laws (Module C), Legal & Regulatory Aspects of Banking -Paper 3.

♦Central Consumer Protection Council 

The Central Govt. has established a council known as the Central Consumer Protection Council.

  • The Minister in charge of the Consumer Affairs in the Central Govt., who shall be the Chairman of the Council.
  • The Central council shall meet as and when necessary but at least once in a year.
  • The Objects of the Council, as stipulated under Section 6 of the Consumer Protection Act, 1986, shall be to promote and protect the rights of the Consumers.
  • Such number of official and non-official member representing such interest as may be prescribed.

♦State Consumer Protection Council

  • The State Govt., under Section 7 of the Consumer Protection Act, 1986, shall establish Consumer Protection Council or the State Council by issuing a notification.
  • The Minister in Charge of the Consumer Affairs in the State Govt. who shall be the Chairman of the Council.
  • Such number of official and non-official member (not exceeding 10) representing such interest as may be prescribed by the state govt.
  • There has to be at least 2 meeting every year.

♦District Consumer Protection Council

  • For every District, the State Govt. established the Dist Consumer Protection Council called as Disct Council.
  • The District Council under Section 8A (2) of the Consumer Protection Act, 1986.
  • The Collector of the District who shall be the Chairman of the Council.
  • There has to be at least 2 meeting every year.

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