Question

____provides a mutually acceptable solution between both the disputing parties and brings about speedy settlement of disputes without resorting to strikes and lockout.

Q: Answer-____provides a mutually acceptable solution between both the disputing parties and brings about spee...

Explanation Conciliation is a practice by which the services of a neutral third party are used in the dispute, to make the disputing parties come to an amicable settlement. Conciliation process takes place under the guidance of a conciliator. Conciliation machinery consists of a conciliation officer and board of conciliation.