Among the three types of alternative dispute resolutions arbitration conciliation and mediation the ...........

Indian Polity (Easy) Centre - State Relations

Among the three types of alternative dispute resolutions- arbitration, conciliation and mediation, the award is binding in the following

Arbitration

Conciliation

Mediation

None of these

- Arbitration:

- In arbitration, a neutral third party (arbitrator) listens to both sides and makes a decision.

- The decision, known as an "award," is typically binding on the parties.

- Correct Answer: Option 1

- Conciliation:

- A conciliator helps the parties to a dispute to reach a mutual agreement.

- The outcome is not binding unless the parties agree to make it so.

- Mediation:

- A mediator facilitates dialogue between parties to help them reach a voluntary agreement.

- The agreements reached are not automatically binding.

- None of these:

- This is not the correct option as arbitration awards are binding.

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