10th STD - Civics - Lesson 4 - Consumer Rights

Traders are the correct answer because they have the potential to exploit customers through various means such as price manipulation, selling low-quality products, or engaging in deceptive practices. Unlike carpenters, farmers, and tailors who primarily provide a specific service or product, traders have a broader scope of business and can take advantage of customers' lack of knowledge or limited options to maximize their profits. Therefore, traders are more likely to exploit customers compared to other professions mentioned.

COPRA stands for the Consumer Protection Act, which is often referred to as the "Magna Carta of consumers." This act was enacted to protect the rights and interests of consumers in India. It provides various provisions for the prevention of unfair trade practices, the establishment of consumer councils, and the redressal of consumer disputes. COPRA aims to ensure that consumers are not exploited by businesses and have access to quality goods and services. Therefore, COPRA is considered the most appropriate answer as it aligns with the given context of being the "Magna Carta of consumers."

A consumer is the person who gives final utility to a commodity. This means that they are the ones who use or consume the commodity for their personal satisfaction or benefit. Producers, shopkeepers, and farmers are all involved in the production and distribution of the commodity, but it is the consumer who ultimately determines its value and usefulness.

A trade fair is a planning scheme that is commonly used to create awareness among consumers. Trade fairs are events where companies from a specific industry come together to showcase their products and services to potential customers. These fairs provide an opportunity for consumers to interact with different brands, learn about new products, and make informed purchasing decisions. By participating in trade fairs, companies can effectively promote their offerings and increase consumer awareness.

The correct answer is 12th Oct 2005. The Right to Information Act was passed by the parliament on this date.

World Consumer Day is celebrated on March 15. This day is observed globally to raise awareness about consumer rights and responsibilities. It aims to promote fair practices in the marketplace and protect consumers from unethical business practices. On this day, various events and campaigns are organized to educate consumers about their rights, encourage responsible consumption, and advocate for stronger consumer protection laws. March 15 was chosen as the date to commemorate the historic speech given by President John F. Kennedy in 1962, where he outlined the basic consumer rights that should be protected.