MCQs on The Punjab Prevention of Hoarding Act 2020

Description: The Punjab Prevention of Hoarding Act 2020

The Punjab Prevention of Hoarding Act 2020 was enacted to control artificial shortages, stabilize market prices, and ensure the availability of essential goods to the public. The law strictly prohibits hoarding of more than the permitted quantity of scheduled items, which include over 40 essentials like wheat, sugar, flour, cement, fuel, medicines, and masks.

Key features of the Act include:

Strict Punishments: Up to 3 years imprisonment and heavy fines (50% of hoarded goods’ value).

Non-bailable Offences: All offences are cognizable and non-bailable.

Inspection & Seizure: Deputy Commissioners and notified officers are empowered to inspect, seize, and even conduct searches without warrant if reasonable grounds exist.

Auction of Goods: Seized goods are auctioned immediately, and proceeds are kept until final court decision. If acquitted, the dealer gets the money back with profit; if convicted, proceeds go to the government.

Company & Dealer Liability: Both individuals and companies, including their responsible officers, can be prosecuted.

Trials: Summary in nature, to be completed within 30 days, with a right of appeal within another 30 days.

Informers’ Reward: Informers are entitled to 10% of the value of hoarded goods upon conviction.

Province-wide Enforcement: Applicable across Punjab, with the list of essential items updated by the Government of Punjab.
👉 Overall, the Act serves as a legal weapon against profiteering and black-marketing, ensuring uninterrupted supply of essential commodities to the people.

Stock declaration must include:

A. Quantity, value, purchase date, sale details
B. Only quantity and value
C. Only invoices
D. Only contracts
Correct answer is: A. Quantity, value, purchase date, sale details

Maximum imprisonment for hoarding under Section 3 is:

A. 6 months
B. 1 year
C. 2 years
D. 3 years
Correct answer is: D. 3 years

Seized articles may be:

A. Destroyed
B. Auctioned
C. Donated
D. Stored indefinitely
Correct answer is: B. Auctioned

False reporting is punishable with imprisonment up to:

A. 1 year
B. 2 years
C. 3 years
D. 5 years
Correct answer is: C. 3 years

Maximum fine for hoarding is:

A. 25% of article value
B. 50% of article value
C. Rs. 1,000,000
D. Rs. 500,000
Correct answer is: B. 50% of article value

The Punjab Prevention of Hoarding Act was enacted in which year?

A. 2018
B. 2019
C. 2020
D. 2021
Correct answer is: C. 2020

Auction proceeds are deposited in:

A. Any commercial bank
B. Punjab Bank
C. National Bank of Pakistan
D. State Bank of Pakistan
Correct answer is: C. National Bank of Pakistan

Fine for false reporting may extend up to:

A. Rs. 500,000
B. Rs. 1,000,000
C. Rs. 2,000,000
D. Rs. 5,000,000
Correct answer is: B. Rs. 1,000,000

Who prescribes the manner for determination of article value?

A. Court
B. Government of Punjab
C. Deputy Commissioner
D. NAB
Correct answer is: B. Government of Punjab

Are trials under this Act summary in nature?

A. No, regular trials
B. Yes, summary in nature
C. Only by High Court
D. Only if both parties agree
Correct answer is: B. Yes, summary in nature
The Act requires summary trials for speed.
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