Other Consumer Protections. Introduced by President John F. Kennedy, these rights laid the foundation for consumerism and legislation that shield consumers from corporate abuse. 6.The Right to Service – This right ensures that better services are provided to the consumes. Consumer rights and consumer protection law provides a way for individuals to fight back against abusive business practices. MCQ Questions for Class 10 Economics: Ch 5 Consumer Rights. To learn more about your credit and consumer rights, read about the Federal Trade Commission, or visit their website. 2. Right to safety: Consumers have the right to be protected against the marketing of goods which are hazardous to life and health. What is Consumer Protection? 5.The Right to Education- This right ensures that consumers are educated to make better marketplace decisions at all times. For example, spurious and sub­standard drugs; appliances made of low quality raw material, such as, electric […] Consumer Protection law focuses mainly on two core goals: To protect consumer’s privacy and identity. The Consumer Bill of Rights pushed for by John F. Kennedy established four basic rights; the right to safety, the right to be informed, the right to choose, and the right to be heard. Consumers are safeguarded by a set of globally recognized protections known as the Consumer Bill of Rights. So remember, if any business fails to protect your privacy or identity, or they are untruthful or deceitful, they are most likely in violation of your Consumer Protection rights. 1. The main rights of consumers are as follows: 1. The Consumer Credit Protection Act, for example, deals with credit reports and other aspects of debt and credit. Consumers have the right to information, right to choose, right to safety. Consumers are entitled to healthy and safe products. Consumer awareness is important so that buyer can take the right decision and make the right choice. To protect consumers from unfair or deceitful actions. On March 15, 1962, President John F. Kennedy presented a speech to the United States Congress in which he extolled four basic consumer rights, later called the Consumer Bill of Rights.The United Nations through the United Nations Guidelines for Consumer Protection expanded these into eight rights, and thereafter Consumers International adopted these rights as a charter and started … Chapter-5 Consumer Rights, The following page provides you NCERT book solutions for class 10 social science, social science class 10 notes in pdf are also available in the related links between the text. Ans. The process in which the quality of a food substance is lowered through the addition of another substance is called: (a) mixing two substances (b) adulteration (c) sub-standard quality (d) all the above (b) adulteration. CHAPTER-5 Consumer Rights THE CONSUMER IN THE MARKETPLACE VERY SHORT ANSWERS:- 1. Consumer Protection refers to protect the consumers… These are just a few of the provisions relating to consumer financial rights. The concept of consumer rights includes consumer protection and also provides a legal protection of consumer interests. Consumer Awareness is an act of making sure the buyer or consumer is aware of the information about products, goods, services, and consumers rights. Food additives and colours, dangerous toys, flammable fabrics, unsafe appliances are examples of such goods. ADVERTISEMENTS: Consumers’ rights under section-6 of the consumer protection act are as follows: (1) Right to Safety: ADVERTISEMENTS: A consumer has the right to safety against such goods and services as are hazardous to his health, life and property. 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