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 : 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 : An increase of Rs.150 crore in investment leads to a rise of Rs.900 crore in the national income. Calculate the value of multiplier.

Option 1: 4

Option 2: 3

Option 3: 6

Option 4: 9

Question : Which of the following statements is incorrect regarding the National Commission?
 

Option 1: It consists of a President and at least five other members, one of whom should be a woman.
 

Option 2: The members are appointed by the Central Government.
 

Option 3: A complaint can be made to the National Commission when the value of the goods or services in question, along with the compensation claimed, exceeds 1 crore.
 

Option 4: None of the above