World Consumer Rights Day: 15 March

Current Context: World Consumer Rights Day is observed annually on March 15. This day underscores the importance of consumer rights in the global marketplace.

• The origins of World Consumer Rights Day can be traced back to March 15, 1962, when former US President John F. Kennedy addressed consumer rights issues in a historic speech to the US Congress.
• This marked the first time a world leader had formally acknowledged the importance of consumer rights on a global stage.
• World Consumer Rights Day serves as a platform to educate and empower consumers about their rights and responsibilities, while also advocating for fair and ethical business practices worldwide.
• The theme for World Consumer Rights Day 2024 is 'Fair and Responsible AI for Consumers’.
• This theme sheds light on the rapid integration of Artificial Intelligence (AI) into our daily lives and the necessity of ensuring that AI technologies respect and uphold consumer rights.
• The focus is on addressing concerns such as privacy breaches, dissemination of misinformation, and biased practices perpetuated by AI-driven platforms.

Question:

Q.1 When is World Consumer Rights Day observed annually?
a. April 15
b. March 25
c. March 15
d. April 25