Correct Answer:
C. 11 August 2020
The Act officially came into effect upon its publication in the Punjab Gazette (Extraordinary) on August 11, 2020, making this the correct date.
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Related MCQs
What is the punishment for hoarding under this Act?
A.
1 year jail
B.
Up to 3 years jail and 50% fine of value of hoarded goods
C.
Only fine
D.
Lifetime imprisonment
Correct answer is:
B. Up to 3 years jail and 50% fine of value of hoarded goods
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An officer must prepare what after seizure?
A.
Auction receipt
B.
Detailed report of articles seized
C.
FIR copy
D.
Market price report
Correct answer is:
B. Detailed report of articles seized
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Is there any reward for informers?
A.
No
B.
Yes, 5% of goods value
C.
Yes, 10% of value upon conviction
D.
Only government employees
Correct answer is:
C. Yes, 10% of value upon conviction
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Appeal must be filed within:
A.
15 days
B.
20 days
C.
30 days
D.
60 days
Correct answer is:
C. 30 days
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All offences under this Act are:
A.
Bailable and non-cognizable
B.
Non-bailable and cognizable
C.
Compoundable
D.
Civil in nature
Correct answer is:
B. Non-bailable and cognizable
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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
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