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Chapter 18 of 23
Practice Quiz

Price Rise and Consumer Awareness — Practice Quiz

Gujarat Board · Class 10 · Social Science

Try a 4-question quiz on Price Rise and Consumer Awareness for Gujarat Board Class 10 Social Science: tap an answer to check it and see why.

44 questions22 flashcards5 concepts

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Quick Quiz: Price Rise and Consumer Awareness

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1

What is price rise called when it occurs continuously at high rates with inadequate increase in production?

2

What is the current population growth rate mentioned in India?

3

Which bank controls money circulation in the Indian economy?

4

When was the Consumer Protection Act passed in India?

44 Questions·
multiple choicemultiple correcttrue false

Sample Questions

1multiple correct

Which of the following are reasons for price rise in India?

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Increase in monetary supply, Population growth, Black money usage

Increase in monetary supply, population growth, and black money usage all contribute to price rise by increasing demand or money supply without corresponding increase in production.

2true false

Price rise is always harmful to economic development.

Show answer

False

Price rise along with stability is beneficial for economy as it increases profit, encourages new investment, increases production and employment.

3multiple correct

Which measures can the government take to control price rise?

Show answer

Monetary measures, Fiscal measures, Public Distribution System, Price regulation

Government uses monetary measures (through RBI), fiscal measures (taxation and expenditure), PDS, and price regulation to control price rise. Increasing government expenditure would actually increase price rise.

4multiple choice

World Consumer Day is celebrated on which date?

Show answer

March 15

March 15 is observed as World Consumer Day every year, as this was the date when American President John F. Kennedy presented four consumer rights in 1962.

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Frequently Asked Questions

What are the important topics in Price Rise and Consumer Awareness for Gujarat Board Class 10 Social Science?
Key topics in Price Rise and Consumer Awareness include Price Rise: Concept and Types, Causes of Price Rise, Effects of Price Rise and Need for Control, Measures to Control Price Rise. Study these first, then practise questions on each for the Gujarat Board Class 10 board exam.
How many practice questions are there for Price Rise and Consumer Awareness?
There are 44 questions on Price Rise and Consumer Awareness. Try the 4-question sample quiz on this page first; each answer shows an explanation when you tap it.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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