No, 100 lakh is equal to one crore. As we know, 10 lakh has six zeros, which is represented as 10,00,000 in numbers, but one crore is equal to 100 lakh, which has seven zeros, and it's represented as 100,00,000 in numbers.
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
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