Correct Answer:
D. 3 years
Section 3 of the Act stipulates that the maximum imprisonment penalty for the offense of hoarding is a term of three years.
Is this answer helpful and correct?
0 agree0 disagree
Related MCQs
Hoarding is punishable with imprisonment up to:
A.
1 year
B.
2 years
C.
3 years
D.
5 years
Correct answer is:
C. 3 years
Is this answer helpful and correct?
0 agree0 disagree
What is the broader impact of the Hoarding Act?
A.
Encourages exports
B.
Controls artificial shortages, stabilizes prices, ensures supply
C.
Increases taxes
D.
Protects hoarders
Correct answer is:
B. Controls artificial shortages, stabilizes prices, ensures supply
Is this answer helpful and correct?
0 agree0 disagree
If a company commits offence, liable persons are:
A.
Directors, partners, managers, secretaries, owners, agents
B.
Only CEO
C.
Only Directors
D.
Only employees
Correct answer is:
A. Directors, partners, managers, secretaries, owners, agents
Is this answer helpful and correct?
0 agree0 disagree
How many essential items are listed in the schedule of the Act?
A.
10
B.
20
C.
Over 40
D.
5
Correct answer is:
C. Over 40
Is this answer helpful and correct?
0 agree0 disagree
Are trials under this Act summary in nature?
A.
No, regular trials
B.
Yes, summary in nature
C.
Only by High Court
D.
Only if both parties agree
Correct answer is:
B. Yes, summary in nature
Is this answer helpful and correct?
0 agree0 disagree
Auction proceeds are deposited in:
A.
Any commercial bank
B.
Punjab Bank
C.
National Bank of Pakistan
D.
State Bank of Pakistan
Correct answer is:
C. National Bank of Pakistan
Is this answer helpful and correct?
0 agree0 disagree