Explanation:

Only statements 1&2 are correct.

• The Supreme Court (SC) recently issued notice to two members of the NCDRC seeking explanation from them for issuing non-bailable warrants against the directors of a company, ignoring a previous interim order of the SC.

About National Consumer Disputes Redressal Commission (NCDRC)

• It is a quasi-judicial commission in India which was set up in 1988 under the Consumer Protection Act of 1986.

• Mandate: To provide inexpensive, speedy, and summary redressal of consumer disputes.

• Its head office is in New Delhi.

• The Commission is headed by a sitting or a retired Judge of the SC or a sitting or a retired Chief Justice of a High Court.

NCDRC shall have jurisdiction to entertain a complaint valued more than two crore and also have appellate and revisional jurisdiction from the orders of State Commissions or the District fora as the case may be.

• The provisions of this act cover ‘goods’ as well as ‘services’.

• The goods are those which are manufactured or produced and sold to consumers through wholesalers and retailers.

• The services are in the nature of transport, telephone, electricity, housing, banking, insurance, medical treatment, etc.

Eligibility to File a Claim: Any person who

• Has bought goods for consideration and finds any defect in the quality, quantity, potency, purity, or standard of the goods, or

• Has hired or availed any service for consideration and finds any fault, imperfection, shortcoming, or inadequacy in the quality, nature, and manner of performance in relation to the service.

• However, if a person has bought the goods for resale or for a commercial purpose, he is not a consumer.

• No complaint can be filed for alleged deficiency in any service that is rendered free of charge or under a contract of personal service.

Hence option 2nd is correct.