Correct Answer:
B. Government of Punjab
The Government of Punjab is responsible for prescribing the specific manner and methodology used to accurately determine the value of seized articles.
Related MCQs
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
If accused is convicted, auction money goes to:
A.
Government exchequer
B.
Accused
C.
Informer
D.
Special Magistrate
Correct answer is:
A. Government exchequer
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
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
The Punjab Prevention of Hoarding Hoarding Act is cited as:
A.
Punjab Anti-Stockpiling Act 2020
B.
Punjab Prevention of Hoarding Act 2020
C.
Punjab Anti-Black Marketing Act 2020
D.
Punjab Trade Regulation Act 2020
Correct answer is:
B. Punjab Prevention of Hoarding Act 2020
Auction proceeds go to accused if:
A.
Acquitted
B.
Convicted
C.
Both
D.
None of these
Correct answer is:
A. Acquitted