As per Consumer Protection Rules, 2021, National Commission shall have jurisdiction to entertain complaints where value of the goods or services paid as consideration exceeds _______________.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. rupees two crore
The National Commission shall have jurisdiction to hear complaints if the value of the products or services paid in consideration exceeds two crore rupees.
- According to the guidelines, the amended pecuniary jurisdiction for entertaining consumer complaints in respect of goods and services paid as consideration shall be up to:
- i) 50 lakhs for District Commissions;
- ii) more than 50 lakh to 2 crore for State Commissions; and
- iii) more than 2 crore for the National Commission.