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UP Board Class 10 Economic Development & Banking — practice questions — page 4

Explore 110 free Economic Development & Banking questions in UP Board 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 91–110 of 110.

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 →

Worked practice questions

Under the Consumer Protection Act, three-tier consumer courts exist at the

  1. tehsil, district, and state levels
  2. district, state, and national levels
  3. national level only
  4. panchayat level only
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Correct answer: B. district, state, and national levels

1. The three-tier redressal mechanism: District, State and National Consumer Disputes Redressal Commissions. 2. Consumer files complaints at the appropriate level based on claim value. 3. Appeals can be filed from district → state → national. _Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_

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The Right to Information (RTI) for consumers covers

  1. only weight
  2. only manufacturer's profit
  3. ingredients, price, expiry date, batch number, manufacturer's address etc.
  4. only the brand name
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Correct answer: C. ingredients, price, expiry date, batch number, manufacturer's address etc.

1. Consumers have the right to be informed about ingredients, price, expiry, batch, manufacturer. 2. Mandatory disclosures help consumers make informed choices. 3. Misleading or absent information is actionable. _Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_

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'Caveat emptor' is replaced in consumer protection by

  1. no Latin maxim applies
  2. 'caveat empower' (consumer is mighty)
  3. always 'caveat emptor'
  4. 'caveat venditor' (let the seller beware) — sellers are responsible for product quality
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Correct answer: D. 'caveat venditor' (let the seller beware) — sellers are responsible for product quality

1. Caveat emptor = 'let the buyer beware' — old common law principle. 2. Modern consumer law shifts the burden to sellers (caveat venditor). 3. Sellers must ensure quality, safety and accurate information. _Source: syllabus Understanding Economic Development, Ch 5 "Consumer Rights"_

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More Social Science topics

Resources, Agriculture & MineralsPower Sharing and FederalismNationalism in India & EuropeGlobal World & IndustrialisationPrint Culture and Modern World