Which of the following statement is/are correct in respect of the Commissions established under Consumer Protection Act? |
National Commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration is ten crores of rupees or more. State Commission has a jurisdiction to entertain complaints where value of goods and services paid as consideration exceeds rupees one crore but is less than ten crore rupees. District commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration does not exceed one crore rupees. None of the above |
None of the above |
The correct answer is Option 4: None of the above Option 1: National Commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration is ten crores of rupees or more. This is incorrect. National Commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration exceeds two crores of rupees (NOT RS 10 crores or More). Option 2: State Commission has a jurisdiction to entertain complaints where value of goods and services paid as consideration exceeds rupees one crore but is less than ten crore rupees. This is incorrect. State Commission has a jurisdiction to entertain complaints where value of goods and services paid as consideration that exceeds rupees fifty lakh but does not exceed two crore. Option 3: District commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration does not exceed one crore rupees. This is incorrect. District commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration does not exceed fifty lakh rupees. |