Consumer Exploitation

IMPORTANT

Consumer Exploitation: Overview

This topic covers concepts, such as Consumer in the Market & Exploitation of Consumer in Market etc.

Important Questions on Consumer Exploitation

EASY
IMPORTANT

In which of the following years, was Consumer Protection Act passed?

HARD
IMPORTANT

Producers can be arbitrary with respect to the quality and price of goods in -

HARD
IMPORTANT

Apart from creating awareness about safeguarding the interests of the consumers, what among the following was/were the major outcome/s of the consumer movements in India as well as worldwide?

a. Creating a comprehensive legal framework for the said purpose.

b. Made the consumer responsible for their choices in consumption.

c. Shifted the responsibility of ensuring the quality of provided goods or services or both onto the producers or sellers.

HARD
IMPORTANT

What could have been the most probable action by a dissatisfied consumer, during the times when there were no consumer protection laws?

a. He or she could have sought redressal under any other law prevailing at that time, partially dealing with such aspects, as a case of forgery against the shopkeeper.

b. He or she would have stopped buying from that particular brand or store.

c. He or she could have avoided utilizing that particular product or service.

HARD
IMPORTANT

An advertisement by a multinational company shows a child drinking their food supplement or packaged health drink, and then winning a sports championship, while in reality, it is not necessary that such products are consumed by all the respective champions of any such sports.

This narrative is a clear case of which of the following instances?

MEDIUM
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In case, if there are no such consumer rights, then the onus of faulty purchase lies with who among the following?

MEDIUM
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Apart from the consumers, rules and regulations have been framed and executed to protect which of the following entities?

MEDIUM
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An individual can be termed as a consumer when she/he purchases which of these types of goods?

EASY
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An individual participates in the market in which of the following capacities?

MEDIUM
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The consumer scans the particulars of the product he wants to purchase. The shopkeeper asks him to put the product back. Which consumer right is being violated?

MEDIUM
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Rules and regulations are put in place to protect:

HARD
IMPORTANT

Read the statements below carefully and choose the correct option.

Statement 1 : We need to keep a check on consumers and protect producers from exploitation by consumers.

Statement 2 : Consumers can go to consumer courts and seek compensation for any damage depending upon the degree of damage.

Statement 3 : Consumers do not have the right to choose what to buy.

EASY
IMPORTANT

What are the unfair methods that sellers use to exploit the consumer?