This quiz works best with JavaScript enabled. Home > Cbse > Class 10 > Economics > Consumer Rights > Class 10 Economics Chapter 5 Consumer Rights – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 10 Economics Chapter 5 Consumer Rights Quiz 1 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Write the name of the act introduced by the government of India to protect consumer rights A) Consumer Protection Act 1968. B) Consumer Protection Act 1976. C) Consumer Protection Act 1986. D) Consumer Protection Act 1962. Show Answer Correct Answer: C) Consumer Protection Act 1986. 2. Which law deals with Consumer Rights? A) Consumer Rights Act 2019. B) The "supply of goods and services" Act 1982. C) Consumer Rights Act 2015. D) The Protection of Consumers' rights Act 2010. Show Answer Correct Answer: C) Consumer Rights Act 2015. 3. How much do consumers spend each month across the world? A) 22 Billion. B) £85 billion. C) 200 million. D) £90 billion. Show Answer Correct Answer: D) £90 billion. 4. To protect the rights of the consumers and save them from exploitation known as: A) Consumer Welfare. B) Consumer Rights. C) Consumer Education. D) Consumers Protection. Show Answer Correct Answer: B) Consumer Rights. 5. A mum buys a baby's jacket & sees on the news that the 'toggles' are a chocking hazard. She is: A) Nothing as she bought the it before the problem was on TV. B) Entitled to a refund. C) Only entitled to a replacement jacket. D) Are only entitled to a replacement. Show Answer Correct Answer: B) Entitled to a refund. 6. Disputes of ..... amount are settled at the level of District Forum? A) Upto rupees fifty lakh. B) Upto rupees ten lakh. C) Upto rupees twenty lakh. D) Upto rupees thirty lakh. Show Answer Correct Answer: C) Upto rupees twenty lakh. 7. Consumer Movement was the A) Movement by the sellers against the unfair market practices. B) Movement by the government against the unfair market practices. C) Movement by the companies against the unfair market practices. D) Movement by the customer against the unfair market practices. Show Answer Correct Answer: D) Movement by the customer against the unfair market practices. 8. Don't purchase in haste', this is an important ..... of the consumer. A) Responsibility. B) Right. C) Act. D) All the above. Show Answer Correct Answer: A) Responsibility. 9. Any individual who purchases goods and services from the market for his/her end-use is called a ..... A) Buyer. B) Purchaser. C) Consumer. D) All these. Show Answer Correct Answer: C) Consumer. 10. You buy a pair of runners and after about 4 weeks the sole starts to come off. You are: A) Entitled to a replacement only. B) Entitled to a refund, replacement or fix your choice. C) Entitled to nothing as you have worn them for a few weeks. D) Entitled to a fix only because you have worn them. Show Answer Correct Answer: B) Entitled to a refund, replacement or fix your choice. 11. Which of the following is NOT a consumer duty? A) Consumer should respect the constitution. B) Consumer should look at the quality of goods. C) Consumer should look for cash memo for the item purchased. D) Consumer should make complaint for their genuine grievance. Show Answer Correct Answer: A) Consumer should respect the constitution. 12. What do you not have the right to return? A) Electronic purchases. B) Digital purchases. C) Fragile purchases. D) Food purchases. Show Answer Correct Answer: B) Digital purchases. 13. You order and buy a leather wallet from Myer Online and when it arrives it is vinyl. You are: A) Entitled to nothing because you purchased the wallet online. B) Entitled to a refund because the item was not as advertised. C) Entitled to a replacement only. D) Entitled to be cross about it but not much else. Show Answer Correct Answer: B) Entitled to a refund because the item was not as advertised. 14. A producer of Surajmukhi claimed in an advertisement in a national newspaper that his product has large amount of vitamins, Minerals and Proteins. However, tests indicated that it was a false claim. Whose example is this? A) Exploitation of consumer. B) Welfare of consumer. C) Information for consumer. D) None of these. Show Answer Correct Answer: A) Exploitation of consumer. 15. If you buy counterfeit goods and don't get a receipt, can you be prosecuted? A) Up to 7 years' sentence. B) You have no rights. C) You can return it without charge. D) £100 fine. Show Answer Correct Answer: C) You can return it without charge. 16. India has been observing ..... as the National Consumer's Day. A) 24 December. B) 24 January. C) 24 June. D) None of these. Show Answer Correct Answer: A) 24 December. 17. Consumer has the right to express his/her interest in the making and execution of government policies. A) Right to Redress. B) Right to Information. C) Right to Representation. D) Right to Consumer Education. Show Answer Correct Answer: B) Right to Information. 18. You are not entitled to anything ..... but best call the police A) Should run away as quickly as possible!. B) Must pay for the item you will be charged by the police. C) Mustpay for the item if requested to do so by the store. D) Can be asked by the store to pay for the item but can refuse. Show Answer Correct Answer: D) Can be asked by the store to pay for the item but can refuse. 19. Provides a mechanism for the speedy resolution of consumer complaints. A) DTI. B) WHO. C) AND. D) DOH. Show Answer Correct Answer: A) DTI. 20. National Consumer Day is on A) 5 April. B) 15 July. C) 24 December. D) 18 October. Show Answer Correct Answer: C) 24 December. 21. Which one is NOT a consumer right? A) Section 25 Consumer Credit Act. B) Misrepresentation Act 1967. C) General data protection. D) Distance selling regulations. Show Answer Correct Answer: D) Distance selling regulations. 22. Right to acquire knowledge and skills necessary to be an informed consumer. A) Right to Redress. B) Right to Consumer Education. C) Right to Representation. D) Right to Information. Show Answer Correct Answer: B) Right to Consumer Education. 23. Which exact month and day did the Consumer Rights Act 2015 become law? A) January 1st. B) September 28th. C) October 1st. D) February 28th. Show Answer Correct Answer: C) October 1st. 24. Protects the consumers against dishonest or misleading advertising or labeling, right in information and facts. A) Right to Safety. B) Right to Information. C) Right to Choose. D) Right to Basic Needs. Show Answer Correct Answer: B) Right to Information. 25. Which of the following is one of the four basic consumer rights? A) The right to buy at the lowest possible price. B) The right to purchase on credit. C) The right to safety. D) The right to return merchandise for any reason. Show Answer Correct Answer: C) The right to safety. 26. You buy a second hand amplifier from the 'Cash converters' that does not work. You are: A) Entitled to a refund. B) Not entitled to anything as you bought it second hand. C) Only entitled to write a negative review on the internet. D) Only entitled to a store credit as it was second hand. Show Answer Correct Answer: A) Entitled to a refund. 27. You buy a phone but it doesn't work properly from the start. You take it back to the shop and they repair it but a month later it's not working again. You are entitled to a replacement or a refund. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 28. Why did the consumer movement arise? A) High rates of products. B) Total false claims. C) Dissatisfaction of the consumers due to unfair practices. D) None of the above. Show Answer Correct Answer: C) Dissatisfaction of the consumers due to unfair practices. 29. Responsibilities of a consumer includes A) Responsibility to Think. B) Responsibility to be Aware. C) Responsibility to Complain. D) All of the above. Show Answer Correct Answer: D) All of the above. 30. Which of the five major rights protects customer from fraudulent advertising, mislabeling and misrepresentation? A) The right to choose. B) The right to safety. C) The right to be informed. D) The right to be heard. Show Answer Correct Answer: C) The right to be informed. 31. Which of the following does not fall under Consumer Rights? A) Right to seek government help. B) Right to represent. C) Right to be informed. D) Right to choose. Show Answer Correct Answer: A) Right to seek government help. 32. Product liability means A) A product must be environmentally correct. B) Manufacturers can decide what to charge for a product. C) Manufacturers have a legal responsibility to make a safe product. D) Brand-name items offer more protection for consumers. Show Answer Correct Answer: C) Manufacturers have a legal responsibility to make a safe product. 33. You buy a top, without trying it on, and when you get home it is too large. You are entitled to A) Nothing, next time try it on!. B) An exchange, because it is fine to try clothes on at home. C) A refund. D) A store credit. Show Answer Correct Answer: A) Nothing, next time try it on!. 34. Any place where buyers and sellers meet to exchange goods and services. A) Trade. B) Market. C) Economy. D) None of the above. Show Answer Correct Answer: B) Market. 35. Supply can decrease.2. Supply can increase.3. Demand can decrease.4. Demand can increase. A) Four Seasons. B) Four Rules of Economy. C) Four Market Behaviors. D) None of the above. Show Answer Correct Answer: C) Four Market Behaviors. 36. A consumer is exploited by A) Selling sub-standard goods. B) Charging a price higher than the prescribed price. C) Adulteration and impurity. D) All the above. Show Answer Correct Answer: D) All the above. 37. Before making a major purchase, the consumer should be informed by the salesperson of the facts about how the product is rated on safety, performance, and value. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 38. Standing in the supermarket produce aisle deciding which type of apple to buy, your options include:Gala, Red Delicious, Pink Lady, Fuji, and Granny Smith. This is an example of which consumer right? A) Right to be informed. B) Right to consumer education. C) Right to choose. D) Right to redress. Show Answer Correct Answer: C) Right to choose. 39. In 1985, United Nations adopted ..... to protect consumers' rights. A) UN Rules for Consumer Protection. B) UN Consumer Protection Act. C) Consumer Protection Act. D) UN Guidelines for Consumer Protection. Show Answer Correct Answer: D) UN Guidelines for Consumer Protection. 40. You buy a kettle but it stopped working after one use. You take it back to the shop and they say you have to return the kettle to the manufacturer yourself. Is this right? A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: B) No. 41. You buy a faulty item and only have a photo of your receipt. You are entitled to: A) Nothing because you don't have the original receipt. B) Nothing but the store might be 'nice' and replace it. C) A replacement only as you don't have the original receipt. D) A refund because a photo of the original receipt is proof. Show Answer Correct Answer: D) A refund because a photo of the original receipt is proof. 42. Tax on the value of goods and services purchased & is the leading source of revenue for many state governments. A) Sales Tax. B) State Tax. C) Income Tax. D) None of the above. Show Answer Correct Answer: A) Sales Tax. 43. To be compensated for misinterpretation, shoddy goods, or unsatisfactory services. A) Right to Consumer Education. B) Right to Information. C) Right to Representation. D) Right to Redress. Show Answer Correct Answer: D) Right to Redress. 44. A restaurant providing food handler training to new employees and strictly following clean kitchen and serving practices shows responsibilities linked to which consumer right? A) Right to consumer education. B) Right to choose. C) Right to be heard. D) Right to safety. Show Answer Correct Answer: D) Right to safety. 45. You buy watch and later notice its face is cracked but have thrown away the packaging. You are: A) Entitled to nothing because you threw away the packaging. B) Entitled to only a replacement. C) Entitled to a refund, fix or replacement-your choice. D) Only the store offering to fix it or a replacement. Show Answer Correct Answer: C) Entitled to a refund, fix or replacement-your choice. 46. All consumers have rights when buying new goods/services from a business. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 47. Consumer Protection Act is significant to A) Immovable Goods. B) Movable Goods. C) Particular Goods and Services. D) All Goods and Services. Show Answer Correct Answer: D) All Goods and Services. 48. Hallmark certificate is present on A) Gold. B) Platinum. C) Copper. D) Diamond. Show Answer Correct Answer: A) Gold. 49. You buy some milk & later realise it was sold after the "use-buy" date. You are entitled to: A) A refund only. B) An exchange or refund-you choose!. C) An exchange only. D) Nothing-you should have checked the 'use-by-date'. Show Answer Correct Answer: D) Nothing-you should have checked the 'use-by-date'. 50. Which of the following are the ways and means of consumer protection? A) Self-regulation by the business. B) Business associations. C) Government. D) All of the above. Show Answer Correct Answer: D) All of the above. 51. ISI mark can be seen on which of the following items? A) Electrical appliances. B) Cereals. C) Jewellery. D) Agricultural products. Show Answer Correct Answer: A) Electrical appliances. 52. Agency that protects consumers from dangerous products. A) Federal Trade Commission. B) Environmental Protection Agency. C) Consumer Product Safety Commission (CPSC). D) None of the above. Show Answer Correct Answer: C) Consumer Product Safety Commission (CPSC). 53. You buy an eye liner on sale because the box is damaged & it breaks upon first use, you are: A) Not entitled to a refund because you purchased it on sale. B) Entitled to a refund or replacement. C) Entitled to a replacement only because the item was on sale. D) Entitled to a store credit note or replacement only. Show Answer Correct Answer: B) Entitled to a refund or replacement. 54. Because the United States has a market economy, its consumers can choose from a wide variety of goods and services. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 55. If you buy goods online, they must be delivered within a statutory period of time, no longer than ..... A) 7 days. B) 30 days. C) 14 days. D) 28 days. Show Answer Correct Answer: B) 30 days. 56. Principal health agency in the Philippines. Access to basic public health services to all Filipinos. A) DTI. B) WHO. C) AND. D) DOH. Show Answer Correct Answer: D) DOH. 57. A car company recalling its 2018 model because there is a problem with the breaks is an example of which consumer right? A) Right to be heard. B) Right to safety. C) Right to be informed. D) Right to choose. Show Answer Correct Answer: B) Right to safety. 58. A milk seller is mixing water in the milk. How he is exploiting consumers? A) By Artificial scarcity. B) By adulteration. C) By sub standard quality. D) All of the above. Show Answer Correct Answer: B) By adulteration. 59. Small Business Administration A) SBA. B) SMA. C) FBA. D) None of the above. Show Answer Correct Answer: A) SBA. 60. Which right gives the consumer the right to represent himself or the right to advocate his interest? A) Right to Choose. B) Right to be Heard. C) Right to Information. D) Right to Safety. Show Answer Correct Answer: B) Right to be Heard. Next →Related QuizzesEconomics QuizzesClass 10 QuizzesClass 10 Economics Chapter 5 Consumer Rights Quiz 2 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books