Correct Answer:
B. Punjab Province
The Punjab Enforcement and Regulatory Authority (PERA) 2024 is, by its very name, established to operate within the geographical boundaries of the Punjab Province. This foundational concept is crucial for understanding the jurisdiction of the Authority.
- Punjab Province is accurate because the Act's title explicitly states "Punjab," indicating its provincial scope.
- Lahore only is incorrect as Lahore is merely the provincial capital, not the entire area of application.
- Pakistan is too broad; PERA is a provincial, not a federal, authority.
- South Punjab only is too narrow; the Act applies to the entire Punjab Province, not just a specific region within it.