Which Act provides a simple, speedy and inexpensive redressal for consumer grievances relating to defective goods, deficient services and unfair trade practices?
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The Consumer Protection Act established the three-tier system of consumer courts in India: District, State, and National commissions, designed specifically for the "simple, speedy and inexpensive redressal" mentioned in the question.
Step 1: Determine the legislation's goal.Step 1: Identify the law protecting consumers and offering an easy way to address business complaints. Step 2: Remember India's main consumer law. Step 2: The key Indian law is the Consumer Protection Act. Initially from 1986, updated more recently, it aims for a straightforward dispute resolution system. Step 3: Choose the correct official name. Step 3: The official name is the "Consumer Protection Act." Other choices are variations or incorrect.