Tag: consumer : satisfaction and protection

Quizzes (4) Questions (113)

Questions Related to consumer : satisfaction and protection

Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

In an economy, people have the freedom to buy or not to buy the goods offered in the market place, and this freedom to choose what they buy dictates what producers will ultimately produce. This condition is called.

  1. Economic Power of Choice

  2. Consumer Sovereignty

  3. Positive Economy

  4. Producer Sovereignty
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Consumer sovereignty is the economic theory that consumer preferences determine the production of goods and services in an economy.

Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

"Consumer Sovereignty" refers to.

  1. Consumer participation in Production

  2. Consumer is the Ruler of the State

  3. Producers produce any type of goods and dump them in the market

  4. Producers produce only those goods which Consumers prefer to buy
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Consumer sovereignty means that producers are guided by the choices and preferences of consumers, effectively making consumers the ones who dictate what is produced.

Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

Are ISI and Agmark equivalent.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

  • Ans: False 
    1:ISI     mark is a certification mark for industrial products in India 

    • 2:AGMARK is a certification mark employed on agricultural products in India , assuring that they conform to a set of standards approved by the Directorate of Marketing and Inspection, an agency of the Government of India.
    Hence both are different not equivalent 


Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

Which of the following statement is correct?

  1. When a consumer gets exploited, he must file a case in consumer court

  2. A consumer has no right to get compensation

  3. Hallmark certification maintained for standardization of food

  4. Agmark certification maintained for standardization of jewellery
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A consumer has right to get compensation.
Agmark certification maintained for standardization of food.
Hallmark certification maintained for standardization of jewellery.
When a consumer gets exploited, he must file a case in consumer court.

Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

The state level consumer court deals in cases involving claims between ______ to _______ .

  1. 10 lakhs, 90 lakhs

  2. 20 lakhs, 1 crore

  3. 30 lakhs, 5 crores

  4. 40 lakhs, 10 crores
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

National level consumer court hears claims amounting more than Rs. 1 crore.
State level consumer court hears claims amounting less than Rs 1 crore.
District level consumer court hears claims amounting up to Rs 20 lakhs.

Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

MRP of the product falls under the category of _____.

  1. Right to choice

  2. Right to safety

  3. Right to information

  4. Right to redressal
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Right to Information (RTI) is an Act of the Parliament of India "to provide for setting out the practical regime of right to information for citizens" and replaces the erstwhile Freedom of information Act, 2002. 
MRP is the price of the product which fall under right to information 

Multiple choice civics consumers' awareness consumer protection act of 1986 need for consumer awareness consumer : satisfaction and protection

Is it true that India is the one of the countries that have exclusive courts for Consumer redressal?

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is true that India is the one of the countries that have exclusive courts for Consumer redressal because 

  • Lack of legal system to protect the consumers from exploitation in the marketplace.
  • Extreme food shortages.
  • Black marketing.
  • Adulteration of food and edible oil