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