To resolve disputes through negotiation

To provide a legal framework for dispute resolution

To facilitate the resolution of disputes outside of the court system

To impose a binding decision on the parties involved in a dispute

The arbitrator is appointed by the parties involved in the dispute

The arbitration process is confidential

The arbitrator's decision is final and binding on the parties

All of the above

To act as a mediator between the parties

To determine the facts of the case and apply the law

To facilitate negotiations between the parties

Both b and c

Arbitration is less formal and less expensive than litigation

Arbitration is confidential, unlike litigation

Arbitration is typically faster than litigation

All of the above

The Arbitration and Conciliation Act, 1996

The Indian Contract Act, 1872

The Civil Procedure Code, 1908

None of the above

3 months from the date of the cause of action

6 months from the date of the cause of action

1 year from the date of the cause of action

2 years from the date of the cause of action

The court appoints the arbitrator

The court supervises the arbitration proceedings

The court enforces the arbitral award

All of the above

It is final and binding on the parties

It can be appealed in a court of law

It is subject to review by the court

None of the above

Fraud or corruption in the arbitral proceedings

Serious irregularity in the conduct of the arbitration proceedings

Failure to give proper notice of the arbitration proceedings to a party

All of the above

The award is filed in court and becomes a judgment of the court

The award is directly enforceable against the parties' assets

The award is enforced through a separate legal action

None of the above

Arbitration is less formal and less expensive than litigation

Arbitration is confidential, unlike litigation

Arbitration is typically faster than litigation

Arbitration allows the parties to choose the arbitrator and the rules of procedure

The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards

The Geneva Convention on International Arbitration

The Hague Convention on the Choice of Court Agreements

None of the above

To promote the enforcement of arbitral awards across different countries

To establish a uniform set of rules for international arbitration

To facilitate the resolution of international commercial disputes

All of the above

Over 160 countries worldwide

Only developed countries

Only developing countries

None of the above

It requires contracting states to recognize and enforce arbitral awards made in other contracting states

It sets out grounds for refusing to recognize or enforce an arbitral award

It provides a procedure for the recognition and enforcement of arbitral awards

All of the above