- The IAMC is set up at VK Towers in Gachibowli which is an information technology hub.
- It is 25,000 sq ft temporary accommodation and the permanent land for the building will be accommodated at Puppalaguda in Hyderabad.
- The IAMC has thus enhanced the ADR (Alternate Dispute Resolution) landscape of the country.
- The IAMC will help to resolve issues that occur due to the lack of sufficient judges in the law system.
- It will help to settle commercial disputes.
Question:
Q.1 Who among the following inaugurated India's first International Arbitration and Mediation Centre (IAMC)?
a. Chief Justice of India, N.V. Ramana
b. Vice President M Venkaiah Naidu
c. PM Narendra Modi
d. LS Speaker, Om Birla
a. Chief Justice of India, N.V. Ramana
b. Vice President M Venkaiah Naidu
c. PM Narendra Modi
d. LS Speaker, Om Birla
