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Consumer Rights Test - 12

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Consumer Rights Test - 12
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Consumer's surplus is the highest in the case of _____.
    Solution

    Consumer surplus is highest in case of necessities. Consumer surplus happens when the price that consumers pay for a product or service is less than the price they're willing to pay.

  • Question 2
    1 / -0
    The National Consumer's Day in India is observed on _________.
    Solution
    • The National Consumer's Day in India is observed on 24 December every year.
  • Question 3
    1 / -0
    Educating consumers about their rights and duties is known as ___ .
    Solution
    1:Educating consumers about their rights and duties is known as consumer awareness.
    2:Major limitation of consumers is that they are not fully aware of their rights and different Acts enacted by government for the protection of their interests.
  • Question 4
    1 / -0
    The consumer redressal process in India is ____ .
    Solution
    (i) The consumer redressal process is becoming cumbersome, expensive and time consuming.
    (ii) Many a time, consumers are required to engage lawyers. These cases require time for filling and attending the court proceedings. 
    (iii) In most purchases cash memos are not issued hence evidence is not easy to gather
  • Question 5
    1 / -0
    A chemist has sold you a medicine of expired date.
    Under which consumer right you can approach the consumer court?
    Solution
    Since consuming an expired medicine can endanger ones life, hence we approach a court with right to safety act. 
  • Question 6
    1 / -0
    Some of the legal measures that a consumer can take to protect his rights are ____ .
    Solution
    Consumer Protection Rights Act - 1986.
    Right to Information Act - 2005.
  • Question 7
    1 / -0
    ISI, Agmark and Hallmark standards are ___ .
    Solution
    • ISI, Agmark and Hallmark standards are compulsory for certain products and voluntary for others.
  • Question 8
    1 / -0
    The National Consumer Disputes Redressal Commission is located in _____.
    Solution
    The National Consumer Disputes Redressal Commission head office is located in New Delhi.
    It was established uset upon the guidelines of Consumer Protection Act, 1986.
  • Question 9
    1 / -0
    Hallmark is a certification issued for standardization of ____ .
    Solution

    B.  jewellery

    1:A Hallmark, consists of five components i.e. BIS Mark, the Fineness number (corresponding to given caratage), assaying and Hallmarking Centre's Mark, Jeweler’s identification Mark and year of Marking denoted by a code letter and decided by BIS (e.g. code letter `A' was approved by BIS for year 2000, `B' being used for the year 2001 and `C' for 2002 and 'J' for 2008). The marking is done either using punches or laser marking machine.
    2:The BIS hallmark, a mark of conformity widely accepted by the consumer bestow the additional confidence to the consumer on the purity of gold jewelry.

     

  • Question 10
    1 / -0
    Which of the following is not measured while measuring HDI? 
    Solution
    HDI measures Life expectancy, Literacy rate, and per capita income. Health care facilities are measured as a subgroup of life expectancy. 
    HDI did not measure the consumer expenditure .
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