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Statement : The availability of imported fruits has increased in the indigenous market and so the demand for indigenous fruits has been decreased.

Courses of Action :
I. To help the indigenous producers of fruits, the Government should impose high import duty on these fruits, even if these are not of good quality.
II. The fruit vendors should stop selling imported fruits. So that the demand for indigenous fruits would be increased.
A 70 kg tea powder contains mixture from two qualities. Some amount of quality 1 tea powder is added so that ratio of quality 1 to quality 2 becomes 5 : 4. What is the extra amount of of quality 2 to be added so that, quality 2 becomes double the amount of quality 1 in new mixture. Given: current quality 1 exceeds quality 2 in old mixture by 10 kg?
Shopping goods have which of the following features? a) These products are generally durable in nature b) Consumers generally compare the goods of various sellers and then buy such goods c) Per unit price of these goods is generally high d) These goods are regularly and continuously in demand e) These goods are sold as a result of aggressive promotional efforts Choose the right answer from the option given below:
Shopping goods have which of the following features?
I. These products are generally durable in nature
II. Consumers generally compare the goods of various sellers and the buy such goods
III. Per unit price of these goods is generally high
IV. These goods are regularly and continuously in demand
V. These goods are sold as a result of aggressive promotional efforts
Choose the right answer from the options given below:
A and B bought two goods for Rs. 6000 and Rs. 4000 respectively. The selling price of B’s goods was 25% more than its cost price whereas the selling price of A’s goods was x% more than its cost price. If the selling price of A’s goods was Rs. 2500 more than the selling price of B’s goods, then find the ratio between selling price of A’s goods and cost price of B’s goods?
Which of the following statements is correct in regards to tariff barrier?
1. It affects the price of imported goods.
2. It affects the quantity of imported goods.
Select the correct answer:
In the question below, a passage is given followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: Chinese firms like Xiaomi are facing delays in getting approvals from India’s quality control agency for their goods, as the business environment deteriorates after a clash on their Himalayan border. Chinese smartphone brands, including Oppo and Xiaomi, account for eight of every 10 smartphones sold in India. While the two companies assemble most of their models in India, several components are imported from China. Courses of action: I. Oppo and Xiaomi must be asked to ensure strict adherence to quality standards. II. Indian Public-Sector banks must be asked to give interest-free loans to Indian smartphone makers so that they could raise the capital required to compete with Chinese smartphones. III. Ways to incentivize Indian smartphone makers must be explored- Including tariffs and quotas on Chinese goods.
Consider the below statements. (i) Quality is defined as fitness for the purpose at the lowest cost (ii) Quality is a grade of the product in appearance, performance, life, reliability, taste, odour, maintainability etc (iii) Quality is the degree to which a specified product is preferred over competing products of equivalent grade, based on the comparative test by customers, normally called as customer’s preference (iv) Quality is a measure of the degree of the general excellence of the product (v) Quality may be defined as the degree of conformance to design and specifications Which of the above statements are correct?
The rights of the consumer as enunciated under section 6 of the consumer protection Act, 1986 includes: (A) To be protected against the marketing of goods and services which are hazardous to life and property (B) To be assured the competitive price and low cost quality products and services (C) To be assured that consumers' interests will service the due consideration at appropriate forums (D) To be protected for multiple use of products, profits, diversity and equity. (E) To be informed about the quality, potency, purity and price of goods or service Choose the correct answer from the options given below:
As per Consumer Protection Act 1986, 'unfair trade practice' includes
(1) Falsely represents that the goods/services are of a particular standard, quality or grade
(2) Falsely represents any re-built, second-hand, renovated, reconditioned or old goods as new goods
(3) Represents that the goods or services have sponsorship, approval, performance, characteristics, accessories, uses or benefits which such goods or services do not have