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.

Fine for first offence may extend to:

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).

The Act repealed:

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).

For repeat offence, minimum fine is:

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.

Actions under repealed Ordinance are:

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C. Repealed also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.

Maximum sealing period for premises in repeat offence:

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.

Number of Ministers in Price Control Council:

A. 2
B. 3
C. 4
D. 5
Correct answer is: B. 3
Refers to the composition of the Council under Section 3.

Offences under the Act are:

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).

Chief Secretary is:

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).

Appeal to Divisional Commissioner must be filed within:

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).

Livestock and Dairy Development Department Secretary is:

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.
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