Fine for first offence may extend to:
Correct answer is: C. Rs. 500,000
Specifies the maximum monetary penalty (Section 10).
For repeat offence, minimum fine is:
Correct answer is: C. Rs. 45,000
The Act prescribes a mandatory minimum fine for recidivism.
Maximum sealing period for premises in repeat offence:
Correct answer is: C. 7 days
A maximum limit is set on the closure of the business premises to prevent excessive punitive action.
Offences under the Act are:
Correct answer is: B. Cognizable and non-bailable
Allows police to arrest without a warrant and reflects the seriousness of the offence (Section 11).
Appeal to Divisional Commissioner must be filed within:
Correct answer is: A. 7 working days
Sets a short timeline for appeals against the Controller of Prices and Supplies (DC).
Appeal against Provincial Controller General’s order must be filed within:
Correct answer is: B. 15 working days
Appeals against the Provincial authority have a slightly longer timeline.
Personal consumer buying an essential commodity:
Correct answer is: B. Not deemed to have abetted contravention
Protects the ordinary purchaser from being implicated in the seller's offence.
Corporate offences apply to:
Correct answer is: B. Every director, manager, secretary, member, or officer unless due diligence proved
Extends liability to those in charge of the business, holding them accountable for due diligence.
False statement offence carries imprisonment up to:
Correct answer is: C. 3 years
Specifies the penalty for providing false information to authorities (Section 15).
Special Magistrate may try offences:
Correct answer is: B. Summary manner or under Chapter XX of the Code
Allows for swift disposal of cases, either summarily or through standard magistrate procedure.