New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The term ADR stands

    for___________________
    A Arbitration Dispute Resolution Correct Answer Incorrect Answer
    B Alternative Dispute Resolution Correct Answer Incorrect Answer
    C Alternative Detention Resolution Correct Answer Incorrect Answer
    D Arbitration Detention Restitution Correct Answer Incorrect Answer

    Solution

    It means to settle a dispute outside of the courtroom as a substitute to the conventional methods of resolving disputes. It is cost effective, consumes less time and produces the desired result.

    Practice Next