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Academic session 2026-27, Chapter 5 in the current curriculum.
Welcome to the NCERT Solutions for Class 10 Social Science - Understanding Economic Development - Chapter Consumer Rights. This page offers a step-by-step solution to the specific question from Exercise 1, Question 1:
Why are rules and regulations required in the marketplace? Illustrate with a few examples.
. With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.Why are rules and regulations required in the marketplace? Illustrate with a few examples.
Rules and regulations are required in the marketplace to protect consumers from exploitation. Seller tries to shift all the responsibility on to the buyer. Whenever, a consumer complains against the goods or services for the bad quality or
quality sellers deny of any fraud and try to shifts all the responsibility on to the buyers. The seller tend to hold no responsibility for the goods once sold. For example, a grocery shop owner might sell expired products and then blame the customer for not checking the date of expiry before buying the items. Hence, rules and regulations are needed to safeguard the interest and rights of consumers in the marketplace.
NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:
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Welcome to the NCERT Solutions for Class 10 Social Science - Understanding Economic Development - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 1: Why are rules and regulations required in the marketplace? Illustrate with a few examples.....
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