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What is the main objective of the Act?

A. To collect taxes
B. To prevent hoarding and ensure availability of essential items
C. To regulate exports
D. To fix wages
Correct Answer: B. To prevent hoarding and ensure availability of essential items

The primary objective of the Punjab Prevention of Hoarding Act 2020 is clearly indicated by its title. This foundational legislation aims to combat the practice of hoarding essential commodities, which can lead to artificial shortages and price hikes, thereby ensuring their consistent availability to the public.

  • To prevent hoarding and ensure availability of essential items is the correct answer, directly reflecting the Act's purpose.
  • To collect taxes is incorrect; tax collection falls under fiscal legislation.
  • To regulate exports is incorrect; export regulation is typically handled by trade policies.
  • To fix wages is incorrect; wage regulation is addressed by labor laws.

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