MCQs The Punjab Price Control of Essential Commodities Act, 2024
The Punjab Price Control of Essential Commodities Act, 2024 is a legislative framework enacted by the Punjab Assembly on 14 June 2024, aimed at regulating the price, supply, and trade of essential commodities within the province of Punjab.
A. Rs. 50,000
B. Rs. 1,000,000
C. Rs. 500,000
D. Rs. 200,000
Correct answer is: C. Rs. 500,000
Specifies the maximum monetary penalty (Section 10).
A. Punjab Price Control Ordinance 2022
B. Punjab Price Control of Essential Commodities Ordinance 2023 (V of 2024)
C. Punjab Price Regulation Act 2020
D. Federal Price Control Act 2021
Correct answer is: B. Punjab Price Control of Essential Commodities Ordinance 2023 (V of 2024)
The Act replaced the previous Ordinance (temporary law) with a permanent statute (Section 23).
A. Rs. 25,000
B. Rs. 50,000
C. Rs. 45,000
D. Rs. 100,000
Correct answer is: C. Rs. 45,000
The Act prescribes a mandatory minimum fine for recidivism.
A. Invalid
B. Deemed taken under this Act
C. Repealed also
D. To be re-issued
Correct answer is: B. Deemed taken under this Act
Saves previous actions and orders from being invalidated by the repeal.
A. 15 days
B. 3 days
C. 7 days
D. 1 month
Correct answer is: C. 7 days
A maximum limit is set on the closure of the business premises to prevent excessive punitive action.
Correct answer is: B. 3
Refers to the composition of the Council under Section 3.
A. Cognizable and bailable
B. Cognizable and non-bailable
C. Non-cognizable and bailable
D. Non-cognizable and non-bailable
Correct answer is: B. Cognizable and non-bailable
Allows police to arrest without a warrant and reflects the seriousness of the offence (Section 11).
A. Chairperson
B. Member of the Council
C. Secretary of the Council
D. Not part of Council
Correct answer is: B. Member of the Council
The Chief Secretary is a key ex-officio member of the Council (Section 3).
A. 7 working days
B. 10 days
C. 15 working days
D. 30 days
Correct answer is: A. 7 working days
Sets a short timeline for appeals against the Controller of Prices and Supplies (DC).
A. Not included
B. Member of the Council
C. Chairperson of Council
D. Only advisor
Correct answer is: B. Member of the Council
Included as a member due to the department's relevance to food/essential commodities.