Economics

Consumer Rights

Question:

Why are rules and regulations required in the marketplace? Illustrate with a few examples.

Answer:

Rules and regulations are required in the marketplace to protect consumers. Sellers often abdicate responsibility for a low-quality product, cheat in weighing out goods, add extra charges over the retail price, and sell adulterated/ defective goods. Hence, rules and regulations are needed to protect the scattered buyers from powerful and fewer producers who monopolise markets. For example, a grocery shop owner might sell expired products, and then blame the customer for not checking the date of expiry before buying the items.

previuos
next

Consumer Rights

Q 1.

By what means can the consumers express their solidarity?

Q 2.

Why are rules and regulations required in the marketplace? Illustrate with a few examples.

Q 3.

Critically examine the progress of consumer movement in India?

Q 4.

Mention a few factors which cause exploitation of consumers.

Q 5.

Mention a few factors which cause exploitation of consumers.

Q 6.

Why was consumer Protection Act 1986 exacted?

Q 7.

What is Consumer Rights?

Q 8.

Describe some of your duties as consumers if you visit a shopping complex in your locality.

Q 9.

What is the rationale behind the enactment of Consumer Protection Act 1986?

Q 10.

Where should the consumers go to get justice ?

Q 11.

When is the world consumer rights day celebrated?

Q 12.

Explain the need for consumer consciousness by giving two examples.

Q 13.

What do we mean by consumer rights?

Q 14.

Suppose you buy a bottle of honey and a biscuit packet. Which logo or mark you will have to look for and why?

Q 15.

Write a brief note the Bureau of Indian Standards.

Q 16.

What legal measures were taken by the government to empower the consumers in India?

Q 17.

Say True or False.
(i) COPRA applies only to goods.
(ii) India is one of the many countries in the world which has exclusive courts for consumer redressal.
(iii) When a consumer feels that he has been exploited, he must file a case in the District Consumer Court.
(iv) It is worthwhile to move to consumer courts only if the damages incurred are of high value.
(v) Hallmark is the certification maintained for standardisation of jewellry.
(vi) The consumer redressal process is very simple and quick.
(vii) A consumer has the right to get compensation depending on the degree of the damage.

Q 18.

What is the need for Consumer Awareness?

Q 19.

Mention some of the rights of consumers and write a few sentences on each.

Q 20.

What the information a consumer has a right to know when he is buying a product?

Q 21.

Mention some of the rights of consumers and write a few sentences on each?

Q 22.

By what means can the consumers express their solidarity?

Q 23.

Critically examine the progress of consumer movement in India.

Q 24.

Suppose you buy a bottle of honey and a biscuit packet. Which logo or mark you will have to look for and why?

Q 25.

What is Consumer Exploitation?

Q 26.

What is the rationale behind the enactment of Consumer Protection Act 1986?

Q 27.

What are consumer forums?

Q 28.

What factors gave birth to the consumer movement in India? Trace its evolution?

Q 29.

How does exploitation in marketplace take place?

Q 30.

What factors gave birth to the consumer movement in India? Trace its evolution.

Q 31.

What are the difficulties a consumer faces when he wants to seek redressal against unfair trade practices and exploitatio

Q 32.

Many consumers who are exploited do not seek redressal. Why?

Q 33.

Why are rules and regulations required in the marketplace? Illustrate with a few examples .

Q 34.

What legal measures were taken by the government to empower the consumers in India?

Q 35.

Explain the need for consumer consciousness by giving two examples.