Question
As per Section 58 of the Consumer Protection Act, 2019,
what jurisdiction does the National Commission have?Solution
Section 58 (1) Subject to the other provisions of this Act, the National Commission shall have jurisdiction— (a) to entertain— (i) complaints where the value of the goods or services paid as consideration exceeds rupees ten crore: Provided that where the Central Government deems it necessary so to do, it may prescribe such other value, as it deems fit; (ii) complaints against unfair contracts, where the value of goods or services paid as consideration exceeds ten crore rupees; (iii) appeals against the orders of any State Commission; (iv) appeals against the orders of the Central Authority.
Which of the following methods is used to control inflation in India?
When a price ceiling is imposed in a market,
Which of the following may lead to a shift in the demand curve?
Which of the following statement is correct about the situation in the economy?
Which of the following should be excluded while calculating Gross national Product?
If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
Which of the following asset belongs to the flow concept?
An inferior good is one for which an increase in income causes a(n)
Price elasticity of demand of a horizontal demand curve is called:
Which of the following will have the largest value while calculating national income?