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Question
Write a word or a phrase or a term which can substitute the following.
A consumer disputes redressal agency that handles the claims of above Rs 20 lakh up to Rs 1 crore
One Word/Term Answer
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Solution
A consumer dispute redressal agency that handles the claims above Rs20 lakhs up to rupees one crore- State Consumer
Disputes Redressal Commission
Explanation:
State Consumer Dispute Redressal Commission, which is also known as State Forum, is a redressal machinery that takes up cases where the value of goods and services or compensation involved is of more than Rs 20 lakh and less than Rs 1 crore. If the value in question is below Rs 20 lakh, then the case goes to the District Forum; and if the value in question exceeds Rs crore, then the case goes to the National Forum.
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