☰
✕

Money Management and Consumer Education
Question
Wired Faculty App

Identify eight possible mistakes consumers make which may prevent them from filing a complaint in the consumer court.

Answer

Eight possible mistakes a consumer makes:

  1. Did not take the authentic bill.
  2. Did not get warranty card stamped.
  3. Did not buy a product with standard mark.
  4. Did not buy from an authorised dealer.
  5. Did not read instructions before reading the product.
  6. Did not send the registered AD to opposite party about the complaint.
  7. Did not file within two years.
  8. Did not submit an affidavit to support her complaint.
  9. Did not approach the right forum.
  10. Did not fill complete details like name address, etc

Sponsor Area

Some More Questions From Money Management and Consumer Education Chapter

How will you convince the members of a family to regularly save some portion of their income?

Suggest two ways each family members can increase their money and real income with the use of assets and skills.

Mr. Sharma wants to file a case in a consumer court against a company for selling faulty products.Guide him on all the aspects of filling the complaint.

Compare the features of LIC and National Saving Certificate (NSC).

Give two reasons to maintain the household account by a family.

Write two advantages each of recurring savings scheme of Bank and Public Provident Fund (PPF) scheme.

Rajesh works as a clerk. His son studies in a professional college. He finds it hard to meet their monthly expenses. In what four ways can his son help in reducing his expenses and use his skills to increase their real income?

Give four suggestion from the area of Nutrition and Human development to justify that knowledge of Home Science can lead to self- employment.