Rules under the Act are made by:
Correct answer is: B. Government of Punjab
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.
The word “article” in this Act refers to:
Correct answer is: B. Scheduled articles specified in the Act
If a company commits offence, liable persons are:
Correct answer is: A. Directors, partners, managers, secretaries, owners, agents
“Dealer” includes:
Correct answer is: C. Manufacturers, producers, importers, exporters, packagers, wholesalers, retailers
The Act was published in the Punjab Gazette (Extraordinary) on:
Correct answer is: C. 11 August 2020