Correct Answer:
A. Stocking & not offering for sale despite demand
When no specific quantity is prescribed, hoarding refers to stocking goods and deliberately withholding them from sale despite existing public demand.
Related MCQs
Appeal must be filed within:
A.
7 days
B.
15 days
C.
30 days
D.
60 days
Correct answer is:
C. 30 days
Who prescribes the manner for determination of article value?
A.
Court
B.
Government of Punjab
C.
Deputy Commissioner
D.
NAB
Correct answer is:
B. Government of Punjab
Can legal proceedings challenge actions under this Act?
A.
Yes, freely
B.
No, except as provided in Act
C.
Yes, in Supreme Court only
D.
Yes, with Governor’s permission
Correct answer is:
B. No, except as provided in Act
Dealers must provide:
A.
Stock, purchase, sale, import, export info
B.
Only sales invoices
C.
Only bank records
D.
Only annual data
Correct answer is:
A. Stock, purchase, sale, import, export info
The word "article" in this Act refers to:
A.
Any commodity
B.
Scheduled articles specified in the Act
C.
All imported goods
D.
Agricultural products only
Correct answer is:
B. Scheduled articles specified in the Act
This Act overrides:
A.
Civil Procedure Code only
B.
All other laws in force
C.
Local Government laws only
D.
Evidence Act only
Correct answer is:
B. All other laws in force