Question : Assertion: The State Consumer Disputes Redressal Commission is the first level of the three-tier system under the Consumer Protection Act.
Reason: It handles consumer complaints where the value of goods and services exceeds Rs. 20 lakhs but does not exceed Rs. 1 crore.
Option 1: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both the assertion and the reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Correct Answer: The assertion is incorrect, but the reason is correct.
Solution : The correct answer is (d) The assertion is incorrect, but the reason is correct.
This assertion is incorrect. The State Consumer Disputes Redressal Commission is not the first level in the three-tier system under the Consumer Protection Act. It is the second level, with the District Consumer Disputes Redressal Forum being the first level.
The reason is correct. The State Consumer Disputes Redressal Commission typically handles consumer complaints where the value of goods and services exceeds a certain threshold, which is typically Rs. 20 lakhs but does not exceed Rs. 1 crore. This is accurate information regarding the jurisdiction of the State Commission.