Which of the following is NOT stated under the point ‘government intervention’?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → It is the moral duty of any business to avoid any form of exploitation of consumers.
Option (1) A business engaging in any form of exploitative trade practices would invite intervention or action. — Stated under government intervention. This is the opening line of the point. Exploitative trade practices invite government intervention or action.
Option (2) Action against an exploitative business can impair and tarnish the image of the company. — Stated under government intervention. Such action can impair and tarnish the image of the company.
Option (3) Business organisations should voluntarily take care of customers’ needs and interests. — Stated under government intervention. So the point advises business organisations to take care of customers’ needs and interests voluntarily, on their own.
Option (4) It is the moral duty of any business to avoid any form of exploitation of consumers. — Not stated under government intervention. The moral duty to avoid exploiting consumers is the point moral justification. There a business acts from duty; under government intervention it acts to avoid action against itself.
NCERT (2026-27 Edition): “(iv) Moral Justification: It is the moral duty of any business to take care of consumer’s interest and avoid any form of their exploitation. Thus, a business must avoid unscrupulous, exploitative and unfair trade practices like defective and unsafe products, adulteration, false and misleading advertising, hoarding, black marketing, etc.” “(v) Government Intervention: A business engaging in any form of exploitative trade practices would invite government intervention or action. This can impair and tarnish the image of the company. Thus, it is advisable that business organisations voluntarily resort to such practices where the customers’ needs and interests will well be taken care of.” |