LEGAL AND REGULATORY ASPECTS OF BANKING (LRAB) 

Unit - 36:Consumer Protection Councils 

​Legal & Regulatory Aspects of Banking - 

Unit - 36 : Consumer Protection Councils
To promote and protect the rights of the consumers , councils are established . Their scope is to promote and protect the rights of the consumer.

The Function is to promote and spread awareness by education . The Highest Council is the Central Council who has the jurisdiction for the entire country . 

Then below it is the State Council for each state .

Below that is the District Council for each district. 

Central Government has to establish Central Council and notify the same. It consists Minister in Charge of the Consumer affairs in the Central Government and such other persons as the government may prescribe. 

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