Independent Regulatory Authorities Quizzes, Questions & Answers

Consumer Protection Quizzes

This quiz is to test your ability to distinguish a consumer from a customer as per the provisions of the consumer protection act 1986. Customers can be classified as consumers and ...

Questions: 5 | Attempts: 7602 | Last updated: May 05, 2025

Sample Question
Your father bought life insurance and placed you as the nominee. Due to an unfortunate incident he passed away, entitling you to claim insurance. When you approached the insurance company, they deny you the insurance based on a technical error that they claim that your father made. Since your father bought the insurance and paid the premiums himself and you are only a nominee of the insurance claim, can you approach the consumer court as a wronged consumer?

Yes, you are a consumer in this case.

No, you are not a consumer in this case.

Consumer vs. Customer

This quiz is to test your ability to distinguish a consumer from a customer as per the provisions of the consumer protection act 1986. Customers can be classified as consumers and ...

Questions: 5 | Attempts: 996 | Last updated: Mar 22, 2025

Sample Question
Your father bought life insurance and placed you as the nominee. Due to an unfortunate incident he passed away, entitling you to claim insurance. When you approached the insurance company, they deny you the insurance based on a technical error that they claim that your father made. Since your father bought the insurance and paid the premiums himself and you are only a nominee of the insurance claim, can you approach the consumer court as a wronged consumer?

Yes, you are a consumer in this case.

No, you are not a consumer in this case.

Do you know about Fair Credit Reporting Act? Trivia Quiz

Explore your knowledge about the Fair Credit Reporting Act (FCRA) with this trivia quiz. Understand the importance of accurate credit reporting, the definition of consumer reports,...

Questions: 10 | Attempts: 835 | Last updated: Mar 22, 2025

Sample Question
The banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports:

Are a normal occurrence.

Allow for the continued functioning of the banking system.

Impair the efficiency of the banking system.

None of the above.

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