Correct Answer:
B. Maximum quantity prescribed
Hoarding is defined as stocking essential commodities in quantities exceeding the maximum limit prescribed by the relevant authorities, indicating an illegal accumulation.
Related MCQs
Offences under the Act are tried:
A.
By Sessions Court
B.
By High Court
C.
By Special Magistrate
D.
By Civil Judge
Correct answer is:
C. By Special Magistrate
Officer may verify:
A.
Only physical stock
B.
Only sale records
C.
Both stock and books/documents
D.
Only invoices
Correct answer is:
C. Both stock and books/documents
Searches under this Act:
A.
Require warrant
B.
Do not require warrant
C.
Must be approved by Magistrate
D.
Must be approved by Police
Correct answer is:
B. Do not require warrant
Who is considered a dealer under the Act?
A.
Only manufacturers
B.
Only wholesalers
C.
Anyone making, storing, selling, or distributing essential goods
D.
Only retailers
Correct answer is:
C. Anyone making, storing, selling, or distributing essential goods
Informer reward percentage is:
A.
5%
B.
10%
C.
15%
D.
20%
Correct answer is:
B. 10%
If a person is found not guilty, what happens to auction proceeds?
A.
Money confiscated
B.
Returned with earned profit
C.
Given to govt
D.
Partially returned
Correct answer is:
B. Returned with earned profit