Which of the following statements is true with regard to the State Commission formed under Consumer Protection Act 2019?

A State Commission has a jurisdiction to entertain complaints where value of goods and services paid as consideration exceeds one crore but does not exceed ten crore rupees.

The correct answer is option 2- A State Commission has a jurisdiction to entertain complaints where value of goods and services paid as consideration exceeds one crore but does not exceed ten crore rupees.

State Commission is established by the respective state government and ordinarily function at the state capital. State Commission has a jurisdiction to entertain complaints where the value of goods and services paid as consideration exceeds one crore but does not exceed ten crore rupees. If any of the parties are not satisfied by the order of State Commission can appeal against such order to the National Commission within a period of thirty days of such order.

Option 1 is not correct as it is established by the state government.

Option 3 is not correct as appeal can be made within 30 days not 45 days.