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
Correct Answer: more than Rs.20 lakhs, up to Rs.1 crore
Solution : 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 more than Rs.20 lakhs upto Rs.1 crore. Hence, the correct option is 2.