Correct Answer:
C. Must be fair, fixed by agreement or Revenue Officer
The Punjab Tenancy Act 1887 establishes clear guidelines for rent, ensuring fairness and preventing exploitation. Option C is correct because the Act mandates that rent must be fair, determined either through mutual agreement between the landlord and tenant or, failing that, by a Revenue Officer. This mechanism protects both parties by providing a legal recourse for rent disputes.
- Option A ("Must be high") is incorrect as the Act aims for equitable rent, not necessarily high rent.
- Option B ("Must be voluntary") is partially true for agreement but false as a Revenue Officer can intervene.
- Option D ("Not mentioned") is incorrect; rent is a fundamental aspect of tenancy law and is extensively covered.