Correct Answer:
B. Reviewing prices of essential commodities
The core function of a "Price Control Council" is inherent in its name. Option B, "Reviewing prices of essential commodities," is the correct answer. This council is established to monitor, regulate, and ensure fair pricing of goods deemed essential for the public, preventing exploitation and ensuring availability.
- Option A ("Issuing trade licences") is typically handled by a commerce or trade department.
- Option C ("Levying sales tax") is a function of the finance or revenue authority.
- Option D ("Importing commodities directly") is usually a task for specific trading corporations or government procurement bodies, not a regulatory council.
The council's role is regulatory and oversight, not operational.