All India Bar Examination (AIBE) 17-XVII Previous Year Question Papers with Answers

Practice Mode:
26.

The National Consumer Disputes Redressal Commission under Consumer Protection Act, 2019 shall have the jurisdiction to complaints where the value of the goods or services paid as consideration exceeds Rs.______.

A: 1 Crore
B: 10 Crores
C: 50 Crores
D: 100 Crores

The answer is: B

Explanation

The correct option is B: 10 Crores.

According to Section 58 of the Consumer Protection Act, 2019, the National Consumer Disputes Redressal Commission (NCDRC) shall have the jurisdiction to entertain complaints where the value of the goods or services paid as consideration, along with the compensation claimed, exceeds Rs. 10 Crores. This is an increase from the previous limit of Rs. 1 Crore under the Consumer Protection Act, 1986. The new Act also provides for the establishment of a circuit bench of the NCDRC to hear complaints from different parts of the country. The NCDRC is the highest appellate authority in the consumer redressal system and its orders are final and binding, subject to appeal to the Supreme Court of India.