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How is hoarding defined under the Act?

Question: How is hoarding defined under the Act?
  • A. Importing goods illegally
  • B. Storing goods beyond allowed limit to create scarcity
  • C. Selling without license
  • D. Smuggling goods abroad
Correct Answer: B. Storing goods beyond allowed limit to create scarcity
Explanation: Hoarding means keeping more than the allowed stock to create shortage.

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