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Question

Your mother has purchased gold earring for your sister. Which among the following standardization mark would you advice your mother to check on the product to ensure a quality purchase?

The correct answer is
Hallmark

When purchasing items like gold earrings, it's important to look for specific quality assurance marks that guarantee the product's authenticity and purity. Let's break down the options to understand which mark ensures a quality purchase for gold jewelry.

Gold Earring Quality: Understanding Standardization Marks

Standardization marks are symbols used on products to indicate that they comply with certain standards of quality, safety, or purity set by a certifying body. For valuable items like gold earrings, these marks are crucial consumer indicators.

Analyzing the Provided Options

  • Ecomark: This mark is used in India to certify that a product is environmentally friendly. It relates to the ecological impact of a product throughout its lifecycle, not the purity or quality of precious metals.
  • FSSAI: The Food Safety and Standards Authority of India (FSSAI) mark is related to food products. It ensures that food items meet specific safety and hygiene standards before they reach the consumer. This mark is irrelevant for gold jewelry.
  • ISI Mark: The ISI mark, administered by the Bureau of Indian Standards (BIS), certifies that a product conforms to the Indian Standards specifications. While BIS also certifies gold, the ISI mark itself typically applies to a wide range of products like electrical appliances, building materials, and food products, but 'Hallmark' is the specific certification for precious metals.
  • Hallmark: The Hallmark is the certification provided by the Bureau of Indian Standards (BIS) for precious metals like gold and silver. It indicates the purity of the metal, typically measured in carats (e.g., 22K, 18K) or fineness (e.g., 916, which means 91.6% pure gold). It also includes other details like the BIS logo, assaying center marking, and jeweler's identification mark. For gold earrings, checking for the Hallmark is the best way to ensure purity and quality.

Conclusion on Gold Earring Purchase

Therefore, to ensure a quality purchase of gold earrings, your mother should look for the Hallmark certification on the product. This mark specifically guarantees the purity of the gold used in the earrings.

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Important Questions from Consumer’s Equilibrium

  1. Match List-I with List-II:

    List-IList-II
    (A) God's own country(I) Karnataka
    (B) Information Technology Industry(II) Punjab
    (C) Industrially advanced(III) Kerala
    (D) Agriculturally affluent(IV) Gujarat

    Choose the correct answer from the options given below:

  2. According to Keynesian theory, the equilibrium level of income is achieved when:

  3. Two commodities are perfect substitutes for the consumer and the indifference curve will be:

  4. Suppose a consumer can afford to buy 8 units of good X and 10 units of good Y. She spends her entire income. The prices of two goods are ₹7 and ₹9 respectively. The consumer’s income is ₹______.

  5. The indifference curve is:

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