Explain the functions of these organizations. – NABTEB QUESTION

The functions of these organizations are:

1. To eliminate hoarding of the goods by producers and middlemen.
2. To stamp out profiteering by business men
3. To prevent the dumping of substandard and unsafe goods on the consumers
4. To protect the consumers from misleading or untruthful information
5. To educate the consumers about right and obligations of the producers or sellers
6. They help consumers to eliminate the assessment of choice problems in the market.
7. They ensure that producers honours warranties or guarantees