World Consumer Rights Day is observed globally on which date each year?

Introduction / Context:
World Consumer Rights Day is observed every year to raise global awareness about consumer rights, fair trade practices and the need to protect buyers from exploitation. It is celebrated on 15 March, marking a historic speech by United States President John F. Kennedy which formally acknowledged consumer rights. Competitive exams often include this date among important days related to economics, governance and citizen welfare.

Given Data / Assumptions:
- The name of the observance is World Consumer Rights Day.
- The question asks specifically for the calendar date on which it is observed each year.
- Several other dates that correspond to different international observances are included as distractors.

Concept / Approach:
The primary concept here is simple factual recall supported by association. You should link 15 March with consumer protection, fair pricing and awareness about scams. One method is to create clusters: for example, 8 March for International Women's Day, 15 March for consumer rights and 22 March for World Water Day. When dates are grouped into themes in your memory, it becomes easier to pick the right option and avoid confusion among similar numbers.

Step-by-Step Solution:
Step 1: Identify the key phrase “World Consumer Rights Day” in the question. Step 2: Recall that this day is associated with a landmark speech on consumer rights delivered on 15 March. Step 3: Look for 15 March among the options given. Step 4: Cross check that the other dates are commonly associated with different observances, not consumer rights. Step 5: Select 15 March as the correct answer, since it is the only date that matches this specific global observance.

Verification / Alternative check:
You can verify by considering what is usually celebrated around late March and April. For example, 22 March is World Water Day and 5 June is World Environment Day. None of those are linked to consumer issues. Remembering that the focus here is on buyers, markets and consumer protection should lead you back to 15 March as the relevant date for this observance.

Why Other Options Are Wrong:
25 March: Not the established date for consumer rights awareness and is associated with different commemorations in various countries.
14 March: Recognized for other events in some contexts but not for World Consumer Rights Day in the standard exam syllabus.
25 April: Associated with separate national or regional observances but not this global consumer focused day.
5 June: This is widely known as World Environment Day, focused on environmental protection, not consumer issues.

Common Pitfalls:
A common mistake is to guess 5 June simply because it is a famous UN day, even though its theme is the environment, not consumer protection. Another pitfall is confusing 15 March with dates that lie close by, such as 14 March, when quickly scanning options. To avoid such errors, make a short personal list of economic and rights related days and revise the list periodically so that the themes and dates become firmly linked in memory.

Final Answer:
Correct option: 15 March