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CBSE Class 10 Economic Development & Banking — practice questions — page 4

Explore 404 free Economic Development & Banking questions in CBSE Class 10 Social Science. Open each question or exercise to read its content, reference answers and available explanation.

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Economic Development & Banking questions and exercises with answers

Showing questions 91–120 of 404.

Indian National Consumer Day is observed onRead the answer and worked solution →Right to Information (RTI) Act was enacted inRead the answer and worked solution →Which of these is NOT a recognised consumer right?Read the answer and worked solution →The original Consumer Protection Act in India was passed inRead the answer and worked solution →Under the Consumer Protection Act, three-tier consumer courts exist at theRead the answer and worked solution →The Right to Information (RTI) for consumers coversRead the answer and worked solution →'Caveat emptor' is replaced in consumer protection byRead the answer and worked solution →ISI mark is awarded toRead the answer and worked solution →AGMARK is a certification forRead the answer and worked solution →Hallmarking applies toRead the answer and worked solution →A consumer can file a complaint in District Consumer Forum if the claim isRead the answer and worked solution →'Adulteration' in consumer goods meansRead the answer and worked solution →The right to seek redressal meansRead the answer and worked solution →Mandatory expiry date on medicines is a manifestation of theRead the answer and worked solution →Right to consumer education ensuresRead the answer and worked solution →Which of these is most aligned with right to safety?Read the answer and worked solution →Key in the development measureRead the answer and worked solution →Match each development termRead the answer and worked solution →Primary, secondary or tertiary?Read the answer and worked solution →Organised or unorganised?Read the answer and worked solution →True or false: money and creditRead the answer and worked solution →Formal or informal credit?Read the answer and worked solution →Match each globalisation termRead the answer and worked solution →Which one does NOT belong?Read the answer and worked solution →In a barter system, an exchange needs a double coincidence of:Read the answer and worked solution →Because money acts as an intermediate in exchange, it is called a:Read the answer and worked solution →Modern currency consists of coins and:Read the answer and worked solution →Modern currency is accepted because it is authorised by the:Read the answer and worked solution →In India, who issues currency notes?Read the answer and worked solution →Deposits that can be withdrawn on demand are called:Read the answer and worked solution →

Worked practice questions

Indian National Consumer Day is observed on

  1. 15 March
  2. 24 December
  3. 2 October
  4. 26 January
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Correct answer: B. 24 December

1. National Consumer Day in India is 24 December. 2. It marks the day the Consumer Protection Act, 1986 received presidential assent. 3. The newer Consumer Protection Act, 2019 replaced it with expanded provisions. _Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_

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Right to Information (RTI) Act was enacted in

  1. 1986
  2. 1991
  3. 2005
  4. 2019
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Correct answer: C. 2005

1. RTI Act, 2005 lets citizens seek information from public authorities. 2. It empowers consumers and citizens against opaque governance. 3. Complementary to consumer rights of choice and information. _Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_

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Which of these is NOT a recognised consumer right?

  1. Right to safety
  2. Right to information
  3. Right to choose
  4. Right to compulsory purchase
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Correct answer: D. Right to compulsory purchase

1. The six consumer rights are: safety, information, choice, representation, redressal, consumer education. 2. There is no 'right to compulsory purchase'. 3. Consumers always have the right to refuse a purchase. _Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_

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