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How many essential items are listed in the schedule of the Act?

A. 10
B. 20
C. Over 40
D. 5
Correct Answer: C. Over 40

The Act lists over 40 essential items in its schedule, reflecting a broad scope of commodities deemed critical for public welfare. This extensive list allows the government to regulate a wide range of goods to prevent price gouging and ensure availability, especially during times of crisis. The number is subject to change based on government notifications.

  • A) 10, B) 20, and D) 5 are all incorrect as they significantly underestimate the actual number of essential items covered by the Act, which is designed to be comprehensive.

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