This quiz works best with JavaScript enabled. Home > Cbse > Class 10 > Economics > Consumer Rights > Class 10 Economics Chapter 5 Consumer Rights – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 10 Economics Chapter 5 Consumer Rights Quiz 2 (50 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Competition ensures that consumers have A) Set prices. B) Resources. C) Access to all products. D) A choice. Show Answer Correct Answer: D) A choice. 2. Which one of the following days is being observed as 'National Consumers Day' in India? A) 31 December. B) 25 December. C) 10 December. D) 24 December. Show Answer Correct Answer: D) 24 December. 3. Consumers should be protected against goods that are hazardous to health or life. A) Right to Safety. B) Right to Consumer Education. C) Right to Justice. D) None of the above. Show Answer Correct Answer: A) Right to Safety. 4. You buy a 'genuine' Turkish rug believing it is made in Turkey, when it has been made in China. A) The business can choose to offer you a replacement or refund. B) You are not entitled to anything next time do some research. C) You are entitled to a refund as it is a false claim. D) You are not entitled to anything but best call the police. Show Answer Correct Answer: C) You are entitled to a refund as it is a false claim. 5. Consumers have the right to be protected against malpractices in the trade circuit. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 6. Name the court to which a consumer can approach, having a claim of Rs. 40 lakhs A) State government. B) National Consumer Court. C) District Consumer Court. D) None of the above. Show Answer Correct Answer: D) None of the above. 7. To provide protection to the consumers against the improper behaviour of the producers and sellers is called ..... A) Consumer Protection. B) Consumer Welfare. C) Consumers Protection Act. D) Consumer Education. Show Answer Correct Answer: A) Consumer Protection. 8. If the delivery men can't get your parcels through your letterbox, they have to return it to the warehouse. A) They can leave it on your doorstep or charge you for re-delivery. B) They must take it back to the sender. C) All the above. D) None of the above. Show Answer Correct Answer: A) They can leave it on your doorstep or charge you for re-delivery. 9. It focuses on the welfare, protection, and rights of Filipino Consumers. A) Republic Act No. 7394. B) Republic Act No. 7384. C) Republic Act No. 7374. D) Republic Act No. 7364. Show Answer Correct Answer: A) Republic Act No. 7394. 10. As a concerned citizen you write a letter to your senator. You're worried about a new factory that seems to be dumping chemicals into the local river. The senator responds quickly, informing you that the matter would be looked into. This is an example of which consumer right? A) Right to satisfaction. B) Right to safety. C) Right to consumer education. D) Right to be heard. Show Answer Correct Answer: D) Right to be heard. 11. COBRA stands for A) Consumer Power Act. B) Consumer Prevention Act. C) Consumer protection Act. D) Consumer Police Act. Show Answer Correct Answer: C) Consumer protection Act. 12. High school students being required to take a class on the economic system of the country in which they live is a good example of which type of consumer right? A) Right to be heard. B) Right to safety. C) Right to be informed. D) Right to consumer education. Show Answer Correct Answer: D) Right to consumer education. 13. Which right is being exercised when a consumer goes comparison shopping? A) The right to have problems corrected. B) The right to choose. C) The right to be heard. D) The right to safety. Show Answer Correct Answer: B) The right to choose. 14. A shop must always give you a receipt when you buy goods or services. Please choose whether this statement is true or false. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 15. Any place where a country utilizes the production, distribution and consumption of goods & services. A) Economic System. B) Market System. C) Market Place. D) None of the above. Show Answer Correct Answer: A) Economic System. 16. There are always some businesses that do not operate in the best interests of the consumer A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 17. How many rights does a consumer have under the Consumer Protection Act A) 6. B) 8. C) 4. D) 5. Show Answer Correct Answer: B) 8. 18. A corporation holds a firm's owners responsible for no more than the capital that they have invested in it. A) Limited liability. B) Full liability. C) Partial liability. D) None of the above. Show Answer Correct Answer: A) Limited liability. 19. The year in which consumer movement started in India A) 1950. B) 1960. C) 1990. D) 1980. Show Answer Correct Answer: B) 1960. 20. Why do we need to have set rules and regulations for consumer rights? A) To protect and promote the interest of the consumers against unethical and unfair trade practices. B) To bring discipline in the country. C) To provide police protection to consumers during a dispute with the sellers. D) Its aim to make all the sellers fair and honest. Show Answer Correct Answer: A) To protect and promote the interest of the consumers against unethical and unfair trade practices. 21. Promotes agricultural development. A) DTI. B) WHO. C) AND. D) DOH. Show Answer Correct Answer: C) AND. 22. Which statement is false? A) Consumers have a right to choose. B) Consumers have a right to receive a replacement if they do not like a product. C) Consumers have a right to be told about a product. D) Consumers have a right to products that are safe to use. Show Answer Correct Answer: B) Consumers have a right to receive a replacement if they do not like a product. 23. You buy some jeans in the Black Friday sales but later notice the zip doesn't work. You are: A) Only entitled to store offering to fix the zip. B) Entitled to a refund. C) Only entitled to a replacement or store credit. D) Nothing because you bought them at the sale. Show Answer Correct Answer: B) Entitled to a refund. 24. When were the regulations for consumer protection for 'unfair trading' put into practice? A) 2017. B) 2008. C) 2009. D) 2015. Show Answer Correct Answer: B) 2008. 25. . Which of the following is not a right of consumers? A) Right to constitutional remedies. B) Right to constitutional remedies. C) Right to safety. D) Right to be informed. Show Answer Correct Answer: A) Right to constitutional remedies. 26. The amount of goods and services consumers are will to purchase. A) Demand. B) Supply. C) Cost. D) None of the above. Show Answer Correct Answer: A) Demand. 27. When a single consumer fails to get his rights protected, he seeks the help of A) Labour Union. B) Trade Union. C) Consumer Association. D) None of the above. Show Answer Correct Answer: C) Consumer Association. 28. Which of the following are forms of Consumer Exploitation? A) Underweight. B) High Prices. C) Poor After sale service. D) All of the above. Show Answer Correct Answer: D) All of the above. 29. You allow a trainee to give you a spray tan come out bright orange. You are: A) Only receiving another free tan at a later date. B) A full refund or a free tan at a later date. C) Entitled to nothing because the tan was done by a trainee. D) Free tans for one year. Show Answer Correct Answer: B) A full refund or a free tan at a later date. 30. You buy a DVD at Kmart for $ 24 and later that day see it at Target for $ 19. You are entitled to A) A full refund from Kmart. B) Nothing-next time shop around. C) Receive a store card or voucher from Kmart for $ 24. D) To exchange the DVD for a different one. Show Answer Correct Answer: B) Nothing-next time shop around. 31. If you buy from an online marketplace (e.g. Ebay, Amazon) then your contract of sale is with the seller and not the site. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 32. Public distribution system is aimed at A) Providing food security to the poor. B) To prevent hoarding and black-marketing. C) To prevent over-charging by traders. D) All of the above. Show Answer Correct Answer: D) All of the above. 33. You buy a top and later notice a hole in it. You take it back to the shop but the staff just point at a sign saying 'No refund or exchanges'. Is this right? A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: B) No. 34. Marketing of goods and services which are hazardous to life and property is covered under: A) Right to be assured. B) Right to seek redressal. C) Right to be informed. D) Right to saftey. Show Answer Correct Answer: D) Right to saftey. 35. This guarantees survival, adequate food, clothing, shelter, health care, education, and sanitation. A) Right to Basic Needs. B) Right to Safety. C) Right to Information. D) Right to Choose. Show Answer Correct Answer: A) Right to Basic Needs. 36. Amount of goods and services available for purchase. A) Demand. B) Supply. C) Quantity. D) None of the above. Show Answer Correct Answer: B) Supply. 37. What was the main drawback for the consumer? A) No legal system available to protect consumers. B) Low-quality products. C) High rates of final products. D) The exploitation of the consumer. Show Answer Correct Answer: A) No legal system available to protect consumers. 38. You buy a pair of headphone and later find the left speaker doesn't work properly. You are: A) Only entitled to the store sending it to be fixed. B) Entitled to nothing. C) Entitled to only a replacement. D) Entitled to a refund if you desire. Show Answer Correct Answer: D) Entitled to a refund if you desire. 39. John F. KennedyRichard M. NixonGerald R. Ford A) 3 Presidents. B) 3 Presidents who updated the consumer Bill of Rights. C) 3 Presidents who are not longer alive. D) None of the above. Show Answer Correct Answer: B) 3 Presidents who updated the consumer Bill of Rights. 40. Rights of consumer are protected under ..... A) Consumer protection 1991. B) Consumer protection 1986. C) Consumer protection 1982. D) Consumer protection 1990. Show Answer Correct Answer: B) Consumer protection 1986. 41. ..... is not a part of the three tier judicial machinery? A) National Commission. B) District Forum. C) Tehsil Forum. D) State Commission. Show Answer Correct Answer: C) Tehsil Forum. 42. An example of bait-and-switch advertising would be a store A) Offering a raincheck because a product is sold out. B) Offering a bargain but persuading consumers to buy a more expensive item. C) Offering a gift, such as a desk clock, with the purchase of an item. D) Offering a lower-quality item at the same price. Show Answer Correct Answer: B) Offering a bargain but persuading consumers to buy a more expensive item. 43. A company being sued by its consumers for false advertising and losing is an example of what consumer right? A) Right to a healthy environment. B) Right to be informed. C) Right to satisfaction of needs. D) Right to safety. Show Answer Correct Answer: B) Right to be informed. 44. You buy a flat screen TV and the 'on/off' button is faulty. The store: A) Must offer you a refund or replacement. B) Doesn't have to do anything as you can just use the remote. C) Only has to offer you a store credit voucher. D) Can choose to fix it-if this can be done quickly. Show Answer Correct Answer: D) Can choose to fix it-if this can be done quickly. 45. Consumer has the right to pick among various products, includes the sizes, colors, shape, etc. A) Right to Choose. B) Right to Basic Needs. C) Right to Information. D) Right to Safety. Show Answer Correct Answer: A) Right to Choose. 46. The Consumer Protection Act or COPRA was enacted in the year A) 1985. B) 1988. C) 1987. D) 1986. Show Answer Correct Answer: D) 1986. 47. Things that you must have in order to survive. A) Goals. B) Want. C) Need. D) Inspiration. Show Answer Correct Answer: C) Need. 48. Consumer Rights include: A) Right to choose. B) Right to be informed. C) Right to complain. D) All of the above. Show Answer Correct Answer: D) All of the above. 49. What economic system do most world economies fall into? A) Mixed. B) Market. C) Command. D) None of the above. Show Answer Correct Answer: A) Mixed. 50. A person who recognizes a business opportunity and organizes, manages, and assumes the risks of starting and operating a business. A) Owner. B) Manager. C) Entrepreneur. D) Boss. Show Answer Correct Answer: C) Entrepreneur. ← PreviousRelated QuizzesEconomics QuizzesClass 10 QuizzesClass 10 Economics Chapter 5 Consumer Rights Quiz 1 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books