CBSE Questions for Class 10 Economics Consumer Rights Quiz 2 - MCQExams.com

• Insisting on a cash memo from a seller is consumer's duty.

Right to Information Act 2005 mandates timely response to citizen requests for government information. It is an initiative taken by Department of Personnel and Training, Ministry of Personnel, Public Grievances and Pensions to provide a– RTI Portal Gateway to the citizens for quick search of information on the details of first Appellate Authorities, PIOs etc. amongst others, besides access to RTI related information / disclosures published on the web by various Public Authorities under the government of India as well as the State Governments

• The guidelines for Consumer protection were adopted by the UN in 1985.
• Guidelines gave legitimacy to the principles of consumer rights.
• Guidelines were updated in 1999 to include environmental concerns.

• the right to the satisfaction of basic needs
• the right to safety
• the right to be informed
• the right to choice
• the right to be heard
• the right to seek redressal
• the right to consumer education

Consumer surplus is highest in case of necessities. Consumer surplus happens when the price that consumers pay for a product or service is less than the price they're willing to pay.

• The National Consumer's Day in India is observed on 24 December every year.

• ISI, Agmark and Hallmark standards are compulsory for certain products and voluntary for others.

B.  jewellery

1:A Hallmark, consists of five components i.e. BIS Mark, the Fineness number (corresponding to given caratage), assaying and Hallmarking Centre's Mark, Jeweler’s identification Mark and year of Marking denoted by a code letter and decided by BIS (e.g. code letter `A' was approved by BIS for year 2000, `B' being used for the year 2001 and `C' for 2002 and 'J' for 2008). The marking is done either using punches or laser marking machine.
2:The BIS hallmark, a mark of conformity widely accepted by the consumer bestow the additional confidence to the consumer on the purity of gold jewelry.

• In case the district level consumer court dismisses case field by a consumer, the consumer has the right to appeal in the state level court.
  

Consumer Protection Act, 1986 is an Act of the Parliament of India enacted in 1986 to protect the interests of consumers in India. It makes provision for the establishment of consumer councils and other authorities for the settlement of consumers' disputes and for matters connected therewith.

1:The Central Excise and Salt Act. 1944 (I of 1944) was amended in 1991 to enable the Central Government to create the Consumer Welfare Fund where the money that is not refundable to the manufacturers etc. shall be credited. 2:The money credited to the Fund is to be utilised by the Central Govt. (Department of Consumer Welfare) for the welfare of the consumers in accordance with the Rules framed. 

The consumer movement is an effort to promote consumer protection through an organized social movement which is in many places led by consumer organizations. It advocates for the rights of consumers, especially when those rights are infringed by the actions of corporations, governments, and other organizations which provide products & services to consumers.