Arbitration and Conciliation Act in India was passed in which of the following year?
DSSSB - 2023,
Answer: C
The Arbitration and Conciliation Act was passed in 1996. It consolidated and amended the law on domestic arbitration and international commercial arbitration and on the enforcement of foreign arbitral awards, and it is based on the UNCITRAL Model Law of 1985.
1985 is the year of the Model Law and not of the Indian Act. 1988 and 2002 are not the year in which the Act was passed, although the Act was later amended, for example in 2015, 2019 and 2021.
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