Chapter 20 test

Answered 0 of 25Pass mark 60%

Question 1 of 25

Under the Consumer Protection Act, 1986, which of the following persons is excluded from the definition of 'consumer'?

A person who buys goods for resale or for any commercial purposeA person who buys goods under a system of deferred paymentA person who uses goods with the approval of the buyerA beneficiary of services availed with the approval of the person who hired them

Practice questions are based on the NISM Series X-A workbook (February 2025), updated for later SEBI/RBI changes up to November 2026. Always check the latest NISM syllabus before your exam. Video lessons on YouTube ↗