Unit 4 Ch 5 : Consumer Rights — Social Studies STD 10 — Question

Explain any three factors which gave birth to the 'Consumer Movement' in India.

Underline the various uses of credit in Sonpur in the passages.
Besides banks, the other major source of cheap credit in rural areas are the cooperative societies (or cooperatives). Members of a cooperative pool their resources for cooperation in certain areas. There are several types of cooperatives possible such as farmers cooperatives, weavers cooperatives, industrial workers cooperatives, etc. Krishak Cooperative functions in a village not very far away from Sonpur. It has 2300 farmers as members. It accepts deposits from its members. With these deposits as collateral, the Cooperative has obtained a large loan from the bank. These funds are used to provide loans to members. Once these loans are repaid, another round of lending can take place. Krishak Cooperative provides loans for the purchase of agricultural implements, loans for cultivation and agricultural trade, fishery loans, loans for construction of houses and for a variety of other expenses.

Describe any three rights of consumer which can help him / her against unfair trade practices and exploitation.

“Banks are efficient medium of exchange." Support the statement with arguments.

Why is tax'on imports known as trade barrier?

Look at data in Table 1.3 and 1.4. Is Punjab ahead of Bihar in literacy rate etc. as it is in terms of per capita income?
TABLE 1.3: PER CAPITA INCOME OF SELECT STATES.

State	Per Capita Income for 2002-03 (in Rs)
Punjab Kerala Bihar	26000 22800 5700

TABLE 1.4: SOME COMPARATIVE DATA ON PUNJAB, KERALA AND BIHAR.

State	Infant Mortality Rate per 1,000 (2003)	Literacy Rate (%), 2001	Net Attendance Ratio for Class I-V (1995-96)
Punjab Kerala Bihar	49 11 60	70 91 47	81 91 41

Why had the Indian government put barriers to foreign trade and foreign investments after independence? Analyse the reasons.

Illustrate with examples the role of ‘loan’ in ‘business’.

Explain the values which a borrower should observe for the proper use of loan taken.

While average income is useful for comparison, but it may hide disparities. Discuss.