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.

Officer may require dealers to declare stock:

A. Once a year
B. Once in six months
C. Anytime or periodically
D. Only during raids
Correct answer is: C. Anytime or periodically

The Act was enacted due to hoarding during:

A. 2005 Earthquake
B. 2008 Food crisis
C. COVID-19 pandemic
D. 2010 Floods
Correct answer is: C. COVID-19 pandemic

Stock declaration must include:

A. Quantity, value, invoices, purchase date, sales info
B. Only stock & value
C. Only invoices
D. Only market price
Correct answer is: A. Quantity, value, invoices, purchase date, sales info

Hoarding during COVID created adversities in:

A. Linear progression
B. Geometric progression
C. Slow progression
D. Irregular pattern
Correct answer is: B. Geometric progression

Officer may verify:

A. Only physical stock
B. Only sale records
C. Both stock and books/documents
D. Only invoices
Correct answer is: C. Both stock and books/documents

The Act was passed in context of:

A. Complete lockdown only
B. Partial or complete lockdown
C. Curfew situation
D. Martial law period
Correct answer is: B. Partial or complete lockdown

Officer may ask for details of:

A. Persons/firms from whom purchases were made
B. Firms to whom sales were made
C. Both A & B
D. None
Correct answer is: C. Both A & B

Imprisonment for hoarding: up to ___ years.

A. 3 years
B. 1 years
C. 2 years
D. 4 years
Correct answer is: A. 3 years

Maximum imprisonment for false reporting is:

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

Fine for hoarding: ___% of article value.

A. 10%
B. 20%
C. 40%
D. 50%
Correct answer is: D. 50%
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