Question
Under the Arbitration and Conciliation Act, 1996,
what is the primary purpose of arbitration?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.
- Statements: D > E > G ≤ H < I; G > P > F - Conclusions: - I. D > F - II. P < I - III. D > I 
- Statement: K < M; K ≥ I > L; M ≥ G > N - Conclusion: - I. L ≥ M - II. G ≥ K 
- Statement: G ≤ L ≥ O ≥ W ≥ I < N - Conclusion: I. I < L II. L = I ...
- In which of the following expressions the expression ‘Q ≤ N’ would hold definitely true? 
- Statements: - J $ R % U % C - Conclusions: - I. R © C - II. J * U - III. C % J 
- In the question assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is/are definitely true and then... 
- Statements: P > R; Q > S = W < T ≥ V; R > U = Q - Conclusions: - I. Q < P - II. T > R - III. U > V 
- In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and the... 
- Statements: S < T < U ≤ W; C > U < V < W ≤ X - Conclusion: - I. S < V - II. T < X 
- Statements: B ≤ C = T; Z ≥ N ≥ D > K ≥ T - Conclusions: - I. C < N - II. B ≤ K - III. N > B ...