This quiz works best with JavaScript enabled. Home > Class 10 > Class 10 Economics Chapter 5 Consumer Rights β Quiz 4 π Homepage π Download PDF Books π Premium PDF Books Class 10 Economics Chapter 5 Consumer Rights Quiz 4 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. 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. 2. 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. 3. 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. 4. How many rights does a consumer have under the Consumer Protection Act A) 8. B) 6. C) 4. D) 5. Show Answer Correct Answer: A) 8. 5. 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. 6. The year in which consumer movement started in India A) 1980. B) 1950. C) 1960. D) 1990. Show Answer Correct Answer: C) 1960. 7. 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. 8. Promotes agricultural development. A) DTI. B) WHO. C) AND. D) DOH. Show Answer Correct Answer: C) AND. 9. Which statement is false? A) Consumers have a right to receive a replacement if they do not like a product. B) Consumers have a right to products that are safe to use. C) Consumers have a right to be told about a product. D) Consumers have a right to choose. Show Answer Correct Answer: A) Consumers have a right to receive a replacement if they do not like a product. 10. You buy some jeans in the Black Friday sales but later notice the zip doesn't work. You are: A) Only entitled to a replacement or store credit. B) Entitled to a refund. C) Only entitled to store offering to fix the zip. D) Nothing because you bought them at the sale. Show Answer Correct Answer: B) Entitled to a refund. 11. When were the regulations for consumer protection for 'unfair trading' put into practice? A) 2015. B) 2009. C) 2008. D) 2017. Show Answer Correct Answer: C) 2008. 12. . Which of the following is not a right of consumers? A) Right to safety. B) Right to constitutional remedies. C) Right to be informed. D) Right to constitutional remedies. Show Answer Correct Answer: B) Right to constitutional remedies. 13. 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. 14. 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. 15. 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. 16. You allow a trainee to give you a spray tan come out bright orange. You are: A) Entitled to nothing because the tan was done by a trainee. B) Only receiving another free tan at a later date. C) A full refund or a free tan at a later date. D) Free tans for one year. Show Answer Correct Answer: C) A full refund or a free tan at a later date. 17. You buy a DVD at Kmart for $ 24 and later that day see it at Target for $ 19. You are entitled to A) To exchange the DVD for a different one. B) Nothing-next time shop around. C) Receive a store card or voucher from Kmart for $ 24. D) A full refund from Kmart. Show Answer Correct Answer: B) Nothing-next time shop around. 18. 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. 19. 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. 20. 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. 21. Marketing of goods and services which are hazardous to life and property is covered under: A) Right to saftey. B) Right to be informed. C) Right to seek redressal. D) Right to be assured. Show Answer Correct Answer: A) Right to saftey. 22. This guarantees survival, adequate food, clothing, shelter, health care, education, and sanitation. A) Right to Safety. B) Right to Basic Needs. C) Right to Information. D) Right to Choose. Show Answer Correct Answer: B) Right to Basic Needs. 23. 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. 24. What was the main drawback for the consumer? A) High rates of final products. B) No legal system available to protect consumers. C) Low-quality products. D) The exploitation of the consumer. Show Answer Correct Answer: B) No legal system available to protect consumers. 25. You buy a pair of headphone and later find the left speaker doesn't work properly. You are: A) Entitled to nothing. B) Entitled to only a replacement. C) Only entitled to the store sending it to be fixed. D) Entitled to a refund if you desire. Show Answer Correct Answer: D) Entitled to a refund if you desire. β PreviousNext βRelated QuizzesClass 10 Economics Chapter 5 Consumer Rights Quiz 1Class 10 Economics Chapter 5 Consumer Rights Quiz 2Class 10 Economics Chapter 5 Consumer Rights Quiz 3Class 10 Economics Chapter 5 Consumer Rights Quiz 5Class 10 Economics Chapter 1 Development QuizClass 10 Economics Chapter 2 Sectors Of The Indian Economy QuizClass 10 Economics Chapter 3 Money And Credit QuizClass 10 Economics Chapter 4 Globalisation And The Indian Economy QuizClass 10 English Chapter 1 A Letter To God QuizClass 10 English Chapter 10 The Sermon At Benares QuizClass 10 English Chapter 11 The Proposal QuizClass 10 English Chapter 3 Two Stories About Flying QuizClass 10 English Chapter 4 From The Diary Of Anne Frank QuizClass 10 English Chapter 5 And 6 The Hundred Dresses QuizClass 10 English Chapter 7 Glimpses Of India QuizClass 10 English Chapter 8 Mijbil The Otter QuizClass 10 English Chapter 9 Madam Rides The Bus QuizClass 10 English Poem Chapter 1 Dust Of Snow QuizClass 10 English Poem Chapter 10 The Tale Of Custard The Dragon QuizClass 10 English Poem Chapter 11 For Anne Gregory QuizClass 10 English Poem Chapter 2 Fire And Ice QuizClass 10 English Poem Chapter 3 A Tiger In The Zoo QuizClass 10 English Poem Chapter 4 How To Tell Wild Animals QuizClass 10 English Poem Chapter 5 The Ball Poem QuizClass 10 English Poem Chapter 6 Amanda! 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