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    Question

      Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration?

    A To provide a forum for negotiation Correct Answer Incorrect Answer
    B To decide criminal disputes voluntarily Correct Answer Incorrect Answer
    C To decide criminal and civil disputes voluntarily Correct Answer Incorrect Answer
    D To resolve civil disputes outside of court voluntarily Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Arbitration is a method of alternative dispute resolution (ADR) that provides a private and efficient way to resolve civil disputes. It allows parties to submit their disputes to one or more arbitrators who make a binding decision, known as an arbitral award. This process is an alternative to traditional litigation in court and is often chosen for its speed, flexibility, and confidentiality.

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