“Council” means:
Correct answer is: B. Price Control Council under section 3
The body established under Section 3 to oversee price control matters.
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.
“Importer” excludes a person importing:
Correct answer is: C. As part of personal baggage
The Act is focused on commercial import, thus excluding personal items.
“Provincial Controller General” is:
Correct answer is: C. Secretary, Industries, Commerce, Investment & Skills Development Dept.
The Secretary of the relevant department is designated as the primary authority under Section 5(1).
Chairperson of the Price Control Council is:
Correct answer is: B. Minister for Industries, Commerce, Investment & Skills Development
The Minister in charge of the relevant department heads the Council.
The Council’s function includes:
Correct answer is: B. Reviewing prices of essential commodities
This is the primary function of the Council, as per Section 3.
Under section 4, an order may regulate:
Correct answer is: B. Prices, production, movement, supply, and sale of essential commodities
Section 4 grants the power to regulate all aspects of essential commodity flow.
Under section 4(2)(f), an order may fix:
Correct answer is: B. Maximum quantity of any essential commodity possessed by a producer or dealer
This clause addresses hoarding by setting a maximum stock limit.
Under section 4(2)(k), seizure and forfeiture can be done:
Correct answer is: B. After giving opportunity of being heard and recording reasons in writing
Ensures due process and accountability before taking such drastic action.
The provisions of the Code of Criminal Procedure:
Correct answer is: C. Do not apply on search, seizure, and forfeiture under this Act
The Act provides its own procedures for these specific powers.
Price fixation under section 6 may be for:
Correct answer is: C. Different localities or stages of transaction
Allows for flexibility based on regional logistics (locality) and trade tiers (stages).