Tag: need for consumer awareness

Questions Related to need for consumer awareness

"Jago Grahak Jago" is an initiative towards _______________.

  1. rural development

  2. sustainable growth

  3. prevention of child abuse

  4. consumer education and awareness


Correct Option: D

Which of the following are the rights of consumer?

  1. Right to choose

  2. Right to be informed

  3. Right to be heard

  4. All of the above


Correct Option: D
Explanation:

Following are the rights of consumers :-
a) Right to choose.
b) Right to be heard.
c) Right to be informed.
d) Right to Safety.
e) Right to Seek Redressal.
f) Right to Consumer Education.

In a Free Market Economy the allocation of resources is determined by.

  1. Votes taken by consumers

  2. A Central Planning Authority

  3. Consumer Preference

  4. All of the above


Correct Option: C

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


Correct Option: B

"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


Correct Option: D

When was COPRA enacted?

  1. 1984

  2. 1985

  3. 1986

  4. 1987


Correct Option: C
Explanation:
  • COPRA was enacted in 1986.
  • COPRA was enacted to protect the interests of consumers in India. 

Are ISI and Agmark equivalent.

  1. True

  2. False


Correct Option: B
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 


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


Correct Option: A
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.