Target Exam

CUET

Subject

Business Studies

Chapter

Consumer Protection

Question:

State Commission has a jurisdiction to entertain complaints, where value of goods and services paid as consideration exceeds :

Options:

One Crore

Fifteen Crores

Twenty Crores

Ten Crores

Correct Answer:

One Crore

Explanation:

The correct answer is option (1)- One Crore.

State Commission has a jurisdiction to entertain complaints, where value of goods and services paid as consideration exceeds One Crore.

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 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.