5

Economics

Consumer Rights

358+ practice questions available

Sample Practice Questions

5 questions shown — tap “Show Answer” to check yours.

1
Medium

Assertion (A): Consumers have the right to seek redressal against unfair trade practices. Reason (R): This right allows them to get compensation for any damage or loss caused by a defective product or service.

ABoth A and R are true and R is the correct explanation of A
BBoth A and R are true but R is not the correct explanation of A
CA is true but R is false
DA is false but R is true
2
Easy

Selling goods below the specified weight is an example of:

AConsumer exploitation through short-weighing
BFair trade
CGood business practice
DGovernment policy
3
Easy

What is the primary reason for the rise of consumer awareness in India?

AA sudden increase in literacy rates
BEfforts of the consumer movement and government campaigns
CThe arrival of foreign companies in India
DA decrease in the number of shops
4
Medium

Assertion (A): Consumers have the right to be protected against hazardous goods. Reason (R): The Right to Safety ensures that manufacturers follow safety standards for products like electrical appliances.

ABoth A and R are true and R is the correct explanation of A
BBoth A and R are true but R is not the correct explanation of A
CA is true but R is false
DA is false but R is true
5
Medium

What is the monetary limit for filing a case in the National level consumer court (as per NCERT)?

AUp to Rs 20 lakh
BBetween Rs 20 lakh and Rs 1 crore
CExceeding Rs 1 crore
DAbove Rs 10 crore

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