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Business StudiesCBSE Class 12 · Sample paper, session 2024-25 · 1 mark · MCQ

CBSE Class 12 Business Studies sample paper 2024-25: question 12

From the official CBSE sample question paper for 2024-25, section A, question 12, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q12 · 1 mark · MCQConsumer Protection

State Commission has the jurisdiction to entertain complaints where value of goods and services paid as consideration is ________

  1. (A)More than ₹1 crore and not more than ₹ 5 crore
  2. (B)More than ₹10 crore
  3. (C)Less than ₹1 crore
  4. (D)More than ₹1 crore and not more than ₹10 crore

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2024-25.

Hints

Open one hint at a time and try again before the next.

Hint 1

Recall the three tiers and their limits.

Hint 2

The National Commission starts above ₹10 crore.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Under the Consumer Protection Act, 2019 (pecuniary limits revised in 2021): District Commission up to ₹1 crore, State Commission above ₹1 crore up to ₹10 crore, National Commission above ₹10 crore.

  2. So the State Commission hears complaints of more than ₹1 crore and not more than ₹10 crore. Option (D).

    1 mark

Answer: (D) More than ₹1 crore and not more than ₹10 crore

Where the marks are

  • State Commission jurisdiction (1 mark)

Revise the chapter

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.