Protective Regulatory Policy MCQ Quiz

A protective regulatory policy is a policy that is implemented to safeguard consumers and promote fair competition in the marketplace. This means that the policy is focused on ensuring that consumers are protected from any harm or exploitation by businesses, and that there is a level playing field for all competitors. This type of policy may involve setting regulations and standards for businesses to adhere to, conducting inspections and audits to ensure compliance, and enforcing penalties for any violations. The goal is to create a safe and fair marketplace for consumers and businesses alike.

The Food and Drug Administration (FDA) is responsible for ensuring the safety and effectiveness of food and drugs in the United States. This regulatory agency is tasked with regulating and overseeing the production, distribution, and marketing of food, drugs, medical devices, cosmetics, and other related products. The FDA sets standards and guidelines, conducts inspections and tests, and enforces regulations to protect public health and ensure that these products are safe for consumption and use.

OSHA stands for Occupational Safety and Health Administration. This acronym refers to the federal agency in the United States that is responsible for ensuring safe and healthy working conditions for employees. OSHA sets and enforces standards to protect workers from hazards in the workplace and provides training, outreach, education, and assistance to employers and employees to promote safety and health in the workplace.

The Clean Air Act is an example of a protective regulatory policy in the realm of environmental protection. This act was enacted in 1970 and has been amended several times since then. It aims to protect and improve air quality by setting standards for air pollutants, regulating emissions from industrial sources, and promoting the use of clean technologies. The act also provides the Environmental Protection Agency (EPA) with the authority to enforce these regulations and take action against violators. Overall, the Clean Air Act plays a crucial role in safeguarding public health and the environment from harmful air pollution.

The Federal Aviation Administration (FAA) is responsible for overseeing the safety and security of air travel in the United States. The FAA regulates and enforces safety standards for aircraft, airports, and air traffic control systems. They also issue and enforce regulations for pilots, air traffic controllers, and other aviation professionals. The FAA's main goal is to ensure the safety and efficiency of the national airspace system, making it the correct answer for this question.

The Sherman Antitrust Act is an example of a protective regulatory policy aimed at ensuring fair and ethical business practices. This act was passed in 1890 and is designed to prevent monopolies and promote competition in the market. It prohibits certain business activities that restrict competition, such as price-fixing, bid-rigging, and market allocation. The purpose of this act is to protect consumers from unfair business practices and promote a level playing field for all businesses.

The correct answer is Securities and Exchange Commission (SEC). The SEC is responsible for protecting investors and maintaining the integrity of the securities markets in the United States. It regulates the securities industry, enforces securities laws, and promotes fair and transparent markets. The Federal Communications Commission (FCC) is responsible for regulating communication technologies, the Federal Trade Commission (FTC) focuses on consumer protection and preventing anticompetitive business practices, and the National Labor Relations Board (NLRB) oversees labor relations and protects the rights of employees and employers.

The Genetic Information Nondiscrimination Act is an example of a protective regulatory policy related to public health because it prohibits discrimination based on genetic information in employment and health insurance. This act ensures that individuals are not denied job opportunities or health coverage based on their genetic predispositions or family medical history. By preventing discrimination, this policy promotes public health by allowing individuals to access necessary medical care and genetic testing without fear of negative consequences.

The correct answer is the Consumer Product Safety Commission (CPSC). The CPSC is the regulatory agency responsible for ensuring the safety of consumer products in the United States. They set safety standards, conduct research, and enforce regulations to protect consumers from potential hazards associated with various products. The CPSC works to prevent injuries and deaths by addressing product recalls, investigating consumer complaints, and providing safety education to the public.

The Age Discrimination in Employment Act (ADEA) is an example of a protective regulatory policy aimed at ensuring workplace equality and preventing discrimination based on age. This act prohibits employers from discriminating against individuals who are 40 years of age or older in any aspect of employment, including hiring, firing, promotions, and benefits. It also protects employees from age-based harassment and retaliation. The ADEA is designed to promote equal opportunities for older workers and prevent age-based discrimination in the workplace.