Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Arbitration, Tribunal Adjudication and Alternate Dispute resolution

Question:
Which International Model Law has inspired the framing of the Arbitration and Conciliation Act, 1996?
Options:
UNCITRAL
UNCTAD
Rules of the International Chambers of Commerce (ICC)
None of the above
Correct Answer:
UNCITRAL
Explanation:
The Indian Arbitration and Conciliation Act of 1996 is modelled on the UNCITRAL model law.