n NISM Certifications
NSM General NISM
Medium

What is the jurisdiction of the State Consumer Disputes Redressal Commission regarding the value of goods or services and compensation claimed?

Practice question from IC 38 Mock Test 18 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Exceeds Rs. 1 crore but does not exceed Rs.10 crores

    Correct answer

  2. B

    Does not exceed Rs. 1 crore

  3. C

    Exceeds Rs. 10 crores

  4. D

    Exceeds Rs. 50 lakhs

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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