What is the penalty for not keeping stock records? A. No penalty B. Only Rs. 10,000 fine C. Up to 3 years jail or Rs. 1 million fine or both D. Only warning Correct answer is: C. Up to 3 years jail or Rs. 1 million fine or both 📖 Read Detailed Explanation → judiciary and Law MCQs MCQs on The Punjab Prevention of Hoarding Act 2020 Leave a Comment | Umar
A. No penalty B. Only Rs. 10,000 fine C. Up to 3 years jail or Rs. 1 million fine or both D. Only warning
What is the broader impact of the Hoarding Act? A. Encourages exports B. Controls artificial shortages, stabilizes prices, ensures supply C. Increases taxes D. Protects hoarders Correct answer is: B. Controls artificial shortages, stabilizes prices, ensures supply 📖 Read Detailed Explanation → judiciary and Law MCQs MCQs on The Punjab Prevention of Hoarding Act 2020 Leave a Comment | Umar
A. Encourages exports B. Controls artificial shortages, stabilizes prices, ensures supply C. Increases taxes D. Protects hoarders
Are companies also liable under the Act? A. No B. Yes, but only directors C. Yes, including responsible officers unless due diligence proven D. Only shareholders Correct answer is: C. Yes, including responsible officers unless due diligence proven 📖 Read Detailed Explanation → judiciary and Law MCQs MCQs on The Punjab Prevention of Hoarding Act 2020 Leave a Comment | Umar
A. No B. Yes, but only directors C. Yes, including responsible officers unless due diligence proven D. Only shareholders
What is the name of the law passed in Punjab in 2020 to stop hoarding? A. Punjab Anti-Corruption Act 2020 B. Punjab Prevention of Hoarding Act 2020 C. Punjab Essential Commodities Act 2020 D. Punjab Market Regulation Act 2020 Correct answer is: B. Punjab Prevention of Hoarding Act 2020 📖 Read Detailed Explanation → judiciary and Law MCQs MCQs on The Punjab Prevention of Hoarding Act 2020 Leave a Comment | Umar
A. Punjab Anti-Corruption Act 2020 B. Punjab Prevention of Hoarding Act 2020 C. Punjab Essential Commodities Act 2020 D. Punjab Market Regulation Act 2020