MCQ On Consumer Rights Class 10 Economics Chapter 5

Consumers are none but the common people of a country. They have moved against unethical practices and made certain changes to develop a set of rights in accordance with the government. These rights are practised across the nations even by the businesses and brands to preserve the benefits of consumers all the time.

Let us take a look at the topic covered in the CBSE Class 10 Economics Chapter 5 Consumer Rights first.

• The Consumer in the Marketplace

• Consumer Movement

• Safety is Everyone’s Right

• Information about Goods and Services

• When there is a denial of choice

• Consumer justice and where to get it

• Well-informed consumers are the outcome of learning rights

• Consumer movement and how to take it forward

These topics, as we observe, are very important for the Class 10 students to learn. The early idea of consumerism and consumer rights can bring significant changes in the lives of learned persons. This chapter has the sole purpose to educate students about the consumer rights.

To study this chapter well, focus on the topics. Make notes of all the topics to come up with a simpler version of the entire chapter. It will enhance your precise knowledge about the information and facts related to consumer rights. When you are done preparing this chapter, download and solve Consumer Rights Class 10 MCQ with answer.

MCQs for CBSE Class 10 Economics Chapter 5 Consumer Rights with Answers

1. The Consumer Protection Act was enacted in which year?

A. 1984

B. 1986

C. 1988

D. 1990

Answer: B. 1986

2. The right to choose is a fundamental right of consumers, which ensures

A. Availability of a variety of goods and services

B. Quality of goods and services

C. Low prices of goods and services

D. None of the above

Answer: A. Availability of a variety of goods and services

3. Which of the following is not a consumer right?

A. Right to information

B. Right to safety

C. Right to hoard goods

D. Right to redressal

Answer: C. Right to hoard goods

4. Which organisation is responsible for protecting the rights of consumers in India?

A. Competition Commission of India

B. Reserve Bank of India

C. Consumer Protection Council

D. Confederation of Indian Industry

Answer: C. Consumer Protection Council

5. Which of the following is a redressal mechanism available to consumers under the Consumer Protection Act?

A. Mediation

B. Arbitration

C. Consumer court

D. All of the above

Answer: D. All of the above

6. The term 'deficiency' in the context of consumer protection refers to

A. A defect in the product or service

B. False or misleading advertising

C. Unfair trade practices

D. All of the above

Answer: D. All of the above

7. Which of the following is an example of an unfair trade practice?

A. Providing accurate information about a product

B. Selling goods above the maximum retail price

C. Ensuring product safety

D. Providing good after-sales service

Answer: B. Selling goods above the maximum retail price

8. The Consumer Protection Act applies to

A. Goods

B. Services

C. Both goods and services

D. Neither goods nor services

Answer: C. Both goods and services

9. Which of the following is not a responsibility of consumers?

A. Seeking redressal for grievances

B. Being aware of their rights as consumers

C. Checking the quality of goods before purchasing

D. Using pirated software and media

Answer: D. Using pirated software and media

10. Which of the following is a consumer responsibility?

A. Ignoring product expiry dates

B. Disposing of electronic waste improperly

C. Not using plastic bags

D. Reading product labels before purchasing

Answer: D. Reading product labels before purchasing

11. Which of the following is not a type of consumer dispute redressal forum under the Consumer Protection Act?

A. District Consumer Forum

B. State Consumer Forum

C. National Consumer Forum

D. International Consumer Forum

Answer: D. International Consumer Forum

12. The Consumer Protection Act is applicable to all transactions involving goods and services up to a value of

A. Rs. 10,000

B. Rs. 20,000

C. Rs. 50,000

D. Rs. 1,00,000

Answer: C. Rs. 50,000

13. The term 'unfair contract' refers to

A. A contract that violates consumer rights

B. A contract that is not legally binding

C. A contract that is signed without the consumer's knowledge

D. None of the above

Answer: A. A contract that violates consumer rights

14. Which of the following is not a right of consumers?

A. Right to be heard

B. Right to seek redressal

C. Right to resale

D. Right to safety

Answer: C. Right to resale

15. Which of the following is an example of misleading advertising?

A. An advertisement that accurately describes the features of a product

B. An advertisement that exaggerates the benefits of a product

C. An advertisement that is completely unrelated to the product being sold

D. An advertisement that is too expensive

Answer: B. An advertisement that exaggerates the benefits of a product

Benefits of Solving CBSE Class 10 Economics Chapter 5 Consumer Rights MCQs

Understanding the Crucial Terminology

This chapter covers a list of topics that are quite technical. Understanding the topics and the relevant terms is very important. A student can only answer the MCQs when he has a precise idea of the meaning of these terms and the concepts of consumerism. This is where solving MCQs can be the best bet.

Check your Preparation

The MCQs framed by the subject experts of Vedantu will be the ideal tool to test your preparation level. You can quickly assess your preparation level for this chapter by solving these questions at home. After you are done with the textbook exercise questions, solve these MCQs and compare your answers to the solution given. Find out which questions are tough to answer and note down the topics of this chapter.

Revise these topics and understand the topics better. Seek assistance from the online tutor assigned by Vedantu and make your preparation stronger. Make this chapter your strength and seek more worksheets to practice at home.

Exam Preparation

Another reason to solve the MCQs of Economics Chapter 5 Consumer Rights is to check your exam preparation. The CBSE Board has mandated the addition of MCQs to help students score more in this subject. It also means that your knowledge precision will decide your accuracy level. Practise solving MCQs as much as you can ace this section of the board exam paper.

Developing your Conscience

Your precise knowledge related to the practice of consumer rights will also make you a good and responsible citizen. Your knowledge will surely help you know your rights as a consumer and will help you to seek justice if needed. All these rights are framed by the government based on the movements done by consumers. Be a part of this movement and practice what is right.

Download CBSE Class 10 Economics Chapter 5 Consumer Rights MCQs PDF

Download the free version of the MCQ of Economics Class 10 Chapter Consumer Rights PDF. Complete your study material for this chapter and solve these questions at home. Check your preparation level by identifying the gaps. Revise this chapter to make your preparation better. Gain confidence and solve MCQs in the board exam to score more.