NCERT CBSE Class 10th Social Science (Economics) Chapter 5: Consumer Rights

Safalta Expert Published by: Sylvester Updated Wed, 01 Jun 2022 11:10 AM IST

Highlights

NCERT CBSE Class 10th Social Science (Economics) Chapter 5: Consumer Rights

The fifth chapter in Economics textbook is 'Consumer Rights'. Consumer is a person who buys and uses a good or service from the market after making a payment. 
 

Some common ways by which consumers may be exploited by manufacturers and traders:

Underweight and under-measurement

Goods sold in the market are sometimes not measured or weighed correctly.
 

High prices

It often happens that the traders charge a price higher than the prescribed retail price.


Sub-standard quality

The goods sold are sometimes of sub-standard quality, e.g. selling medicines beyond their date of expiry, selling deficient or defective home appliances.

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Duplicate articles

Fake or duplicate items are sold in the name of genuine parts or goods.


Adulteration and impurity 

In costly edible items like oil, ghee and spices, adulteration is common in order to earn more profit. This causes heavy loss to the consumers.


Lack of safety devices

Fake or inferior electronic goods, electrical devices or other appliances, produced locally lack the required in-built safety measures. This may cause accidents.


Artificial scarcity

Some unscrupulous businessmen create artificial scarcity by hoarding. They sell their goods for a higher price by creating panic among consumers.


False and incomplete information 

It is provided by sellers which can easily mislead consumers.


Unsatisfactory after-sale service

The suppliers do not provide the satisfactory after-sale service despite the necessary payments on items such as electronics, automobiles, etc.
 

 

Right to Information Act, 2005

This act gives rights to the citizen to have information about the government departments, their policies practices and procedures.

 

COPRA Act (1986) tries to ensure

  • information, safety, redressal, representation and consumer education.
  • Under COPRA, a’ three tier quasi-judicial machinery at the district, state and national level helps in solving consumer disputes.
  • Consumer Movement with its different organisations helps in exerting pressure on business firms as well as the government to correct their conduct which may be against the interests of the consumers at large.


The topics discussed in this chapter are as follows:

  • The Consumer in the Market Place
  • Consumer Movement
  • Safety is Everyone’s Right
  • Information about Goods and Services
  • When Choice is Denied
  • Where Should Consumers Go to Get Justice?
  • Learning to Become Well Informed Consumers
  • Taking the Consumer Movement Forward

 

 

Students can view and download the chapter from the link given below.

Click here to get the complete chapter

NCERT Solutions for Chapter 5: Consumer Rights

 

Also Check

Chapter 1: Development
Chapter 2: Sectors of Indian Economy
Chapter 3: Money and Credit
Chapter 4: Globalisation and the Indian Economy

 

Check out Frequently Asked Questions (FAQs) for Chapter 5: Consumer Rights

In which court a consumer should file a case if he/she is exploited in the market?

Consumer Court

When is ‘National Consumers Day’ celebrated in India?

National Consumers Day is celebrated every year on 24th December.

Which certification is maintained for standardization of electrical goods?

ISI

Why was the Consumer Protection Act enacted by the Indian Parliament?

The Consumer Protection Act was enacted by the Indian Parliament in 1986 to protect the consumers from unfair trade practices and retain interest of consumers.

Hallmark is the certification maintained for standardization of which type of products?

Jewellery

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