Resource Management and Consumer Issues MCQ Questions and Answers

Explore the Resource Management and Consumer Issues with this comprehensive collection of MCQ questions and answers.Resource Management and Consumer Issues is perfect for Home Science students preparing for competitive exams such as BA (Home Science), MA (Home Science), UPSC, UGC NET, State PCS, and more. Enhance your understanding, excel in your studies, and strengthen your preparation with this valuable resource. Page-1 section-3

. . . . . . . . can sue in negligence for injury caused by a defective product.

A) Good customer B) Bad customer C) Regular customer D) Diseased customer

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Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Long-term and short-term goals are based on

A) continuity B) duration C) interdependence D) All of these

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Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Which of the following is/are correct about home management?
1. Decision-making
2. Dynamic
3. Administrative
4. Marital work

A) 1, 3 and 4 B) 1 and 2 C) 1 and 4 D) All of these

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Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

What is the minimum age, to be appointed as the Member of Consumer Dispute Redressal Forum/Commission?

A) 35 years B) 40 years C) 25 years D) 20 years

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Answer & Solution

Answer: Option A

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Which of the following statement(s) is/are correct with regard to work curve?

A) It is constructed between time and work B) It provides information about housewife's capacity C) Simplify the work load D) All of the above

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Answer & Solution

Answer: Option D

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Hidden Family Income is derived from a combination of
1. investment income
2. community income
3. employment benefit
4. psychic income

A) 1, 2, 3 B) 1, 3, 4 C) 1, 2, 4 D) 2, 3, 4

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Answer & Solution

Answer: Option D

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Who is an entrepreneur?
1. Someone who invests time and money to start a business.
2. Someone who takes risk to make profit.
3. Someone who travels extensively.
4. Someone who makes a lot of money.
Select the correct answer

A) 1 and 2 B) 2, 3 and 4 C) 1, 2 and 4 D) 3 and 4

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Answer & Solution

Answer: Option A

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The external factors include

A) government assistance and support B) encouragement from big business houses C) promising demand for the product D) All of the above

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Answer & Solution

Answer: Option D

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There are mainly . . . . . . . . kinds of checks in controlling money management.

A) two B) four C) three D) six

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Answer & Solution

Answer: Option A

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Pick the odd one among the characteristics of Resources

A) Unlimited B) Interchangeable C) Useful D) Accessible

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Answer & Solution

Answer: Option A

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