INSIGHT UPSC QUIZ

GS Economy Miscellaneous
Q.

With reference to ‘Consumers International’, consider the following statements:

1. Consumers International is the membership organisation for consumer groups around the world.

2. Its headquarters is located in Geneva, Switzerland.

Which of the statement(s) given above is/are correct?

Explanation:

ANSWER: (A)

Statement 1 is correct.

  • In 1985 United Nations adopted the UN Guidelines for Consumer Protection. 
  • This was a tool for nations to adopt measures to protect consumers and for consumer advocacy groups to press their governments to do so. 
  • At the international level, this has become the foundation for consumer movement. Today, Consumers International has become an umbrella body to over 220 member organisations from over 115 countries. 
  • Consumers International is the membership organisation for consumer groups around the world.
  • We are their voice in international policy-making forums and the global marketplace to ensure they are treated safely, fairly and honestly. We are resolutely independent, unconstrained by businesses or political parties.

Statement 2 is not correct.

  •  Founded on 1 April 1960, its head office is based in London, England, with a regional office in India.
  • Consumers International is a not-for-profit company.

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