Question : If the State Commission receives a complaint that includes both the value of the claimed compensation and the goods or services:

Option 1: exceeds Rs.20 lakh, but is less than Rs.1 crore

Option 2: does not exceed Rs.20 lakh exceeds Rs.10 lakh

Option 3: exceeds Rs.10 lakh

Option 4: exceeds Rs.50 lakh

Question : When the value of the goods or services received in exchange is ____, the National Commission has the authority to consider complaints.

Option 1: up to Rs.20 lakhs

Option 2: more than Rs.20 lakhs, up to Rs.1 crore

Option 3: more than Rs.1 crore

Option 4: None of these

Question : Which of the following statements is correct regarding the State Commission?
 

Option 1: It consists of a President and not less than two other members, one of whom should be a woman
 

Option 2: The members are appointed by the State Government concerned
 

Option 3: A complaint can be made to the appropriate State Commission when the value of the goods or services in question, along with the compensation claimed, exceeds 20 lakhs but does not exceed 1 crore.
 

Option 4: All of the above

Question : The State Commission has the authority to hear complaints under The Consumer Protection Act of 1986 when the value of the products or services paid as consideration along with the compensation requested is __________.

Option 1: up to Rs.20 lakhs

Option 2: more than Rs.20 lakhs, up to Rs.1 crore

Option 3: more than Rs.1 crore

Option 4: None of these

Question : The District forums will take complaints into consideration when the stated worth of the products and services along with the compensation is ____________.

Option 1: up to Rs.20 lakhs

Option 2: more than Rs.20 lakhs, up to Rs.1 crore

Option 3: more than Rs.1 crore

Option 4: None of these

Question : The Stand Up India scheme offers bank loans to entrepreneurs in which range?

Option 1: Rs. 10 lakh to Rs. 1 crore
   

Option 2: Rs. 1 crore to Rs. 10 crore
 

Option 3: Rs. 10,000 to Rs. 1 lakh

Option 4: Rs. 1 lakh to Rs. 10 lakh