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The Punjab Price Control Of Essential Commodities Act 2024 Test Online

Rizwan HaiderLast Updated: August 18, 2025

The Punjab Price Control of Essential Commodities Act, 2024 empowers the government to regulate prices of essential goods such as food, fuel, and medicines. It establishes a Price Control Council and district controllers to oversee supply and pricing. The Act also enforces strict penalties, including heavy fines and imprisonment, for violations to protect consumers.

The Punjab Price Control Of Essential Commodities Act 2024 MCQs With Answers

The Punjab Price Control Of Essential Commodities Act 2024 Test Online

Total Questions:	141
Time Allowed:	90 Minutes
Total Marks:	141
How to Attempt Test:	Please choose the right Option in MCQ-type question.
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Page 1 of 6

1. Name of the law is:

Punjab Price Regulation Act 2024

Punjab Price Control of Essential Commodities Act 2024

Punjab Essential Supplies Act 2024

Punjab Anti-Profiteering Act 2024

2. Date of enforcement:

14 June 2024

1 January 2024

30 June 2024

7 July 2024

3. Objective of the Act:

Promote exports

Control artificial price hike and profiteering

Ban imports

Increase agricultural subsidies

4. Extent of the Act:

Major cities only

All over Punjab

Punjab rural areas

Punjab industrial zones only

5. Who is the Controller of Prices and Supplies?

Minister for Industries

Deputy Commissioner of the district

Provincial Secretary

Price Council Chairman

6. What is an “essential commodity”?

Only food items

Items listed in the Schedule

Items declared by federal government

Luxury goods

7. Who chairs the Price Control Council?

Chief Secretary

Minister for Industries, Commerce, Investment & Skills Development

Minister for Food

Provincial Controller General

8. One power of the Council is to:

Collect taxes

Review prices of essential commodities

Issue ration cards

Approve trade licenses

9. Who is the Provincial Controller General?

Minister for Food

Secretary, Industries, Commerce, Investment & Skills Development Department

Director of Trade

Chief Minister

10. Prices can be fixed by:

Federal Government

Provincial Controller General or Controller of Prices and Supplies

Chamber of Commerce

Local markets

11. Price fixation can be:

Same for all areas

Different for different localities

Only for provincial capitals

Fixed for one year only

12. Sellers must display:

Tax clearance certificate

Price list of essential commodities

Stock purchase details

License fee rates

13. Seized essential commodities may be:

Stored until case ends

Sold on the spot at fixed prices

Destroyed immediately

Exported abroad

14. If accused is acquitted after sale of goods:

Money kept by government

Amount returned to accused

Given to charity

Divided among informers

15. Penalty for first offence:

Up to 3 years imprisonment or Rs. 500,000 fine or both

Life imprisonment

Rs. 5 million fine only

Warning only

16. Second offence minimum punishment:

7 days jail or Rs. 25,000 fine

1 month jail or Rs. 45,000 fine

3 years jail

License cancellation only

17. Are offences bailable?

Yes

No, they are non-bailable

Yes, only for small traders

Yes, with court permission

18. Appeal against Controller’s order goes to:

High Court

Divisional Commissioner

Council directly

Provincial Minister

19. Appeal against Provincial Controller General’s order goes to:

Divisional Commissioner

Appellate Committee of the Council

High Court

Deputy Commissioner

20. Buying for personal use is:

Always punishable

Not considered abetment

Considered profiteering

Requires license

21. False statement penalty:

Rs. 50,000 fine only

Up to 3 years imprisonment or fine or both

Life imprisonment

Only a warning

22. Burden of proof of lawful authority lies on:

Prosecution

Accused

Court

Council

23. Officers acting in good faith are:

Liable for damages

Protected from legal proceedings

Suspended from duty

Subject to inquiry

24. Who can amend the Schedule?

Federal Government

Price Control Council

Provincial Assembly

Local government

25. Law repealed by this Act:

Punjab Essential Commodities Act 2022

Punjab Price Control of Essential Commodities Ordinance 2023

Punjab Hoarding Control Act 2019

Punjab Price Stabilization Act 2020

Page 2 of 6

26. Who appoints the Price Control Council?

Chief Minister

Provincial Assembly

Provided by the Act itself

Federal Government

27. The Minister for Agriculture is:

Vice Chairperson of the Council

A Member of the Council

Not part of the Council

Chairperson of the Council

28. Can the Council issue directions to ensure Act implementation?

Yes

Only with court approval

Only through Provincial Controller

29. One example of Council’s powers under Section 4 is:

Regulating export of luxury cars

Fixing maximum prices of essential commodities

Issuing currency notes

Enforcing labour laws

30. Which section allows seizure and forfeiture of stock?

Section 7

Section 4(2)(k)

Section 11

Section 19

31. Before seizing and sealing, the officer must:

Publish notice in newspaper

Provide opportunity of being heard

Get High Court approval

Wait 30 days

32. Deputy Commissioner acts as Controller of Prices:

In whole Punjab

In his respective district

Only in rural areas

Only for agriculture products

33. Price fixation can consider:

Brand categories

Stock limits only

Government subsidies only

Import-export ratios only

34. Price review must be supported by:

Oral statements

Written reasons

Anonymous complaints

Political approval

35. Reselling above fixed price is:

Allowed in rural areas

An offence

Allowed if buyer agrees

Legal in wholesale only

36. Display of price list must be:

At office of Controller

At a conspicuous place at point of sale

On seller’s mobile app

Only in wholesale markets

37. Seized goods may be sold:

After court order only

On the spot

Through secret auction

Only if perishable

38. Sale proceeds of seized goods are kept in:

Trader’s account

A profit-bearing bank account

Cash in Controller’s office

Provincial treasury without interest

39. If convicted, sale proceeds:

Returned to seller

Given to government

Donated to charity

Used for Council expenses

40. Who must supply production and stock information?

Dealers only

Dealers, importers, producers, sellers

Consumers

Only wholesalers

41. Fine limit for first offence:

Rs. 200,000

Rs. 500,000

Rs. 1,000,000

Rs. 50,000

42. Minimum fine for repeat offence:

Rs. 20,000

Rs. 45,000

Rs. 50,000

Rs. 100,000

43. Who tries offences under the Act?

Civil Judge

Special Magistrate

Session Judge

District Price Committee

44. Special Magistrate can try offences:

Only under Chapter XX of CrPC

Either summarily or under Chapter XX

Only summarily

Through jury trial

45. In certain cases, who bears burden of proof?

Court

Accused

Prosecution

Price Control Council

46. Protection in good faith applies to:

Only Provincial Controller General

Provincial Controller General, authorized officers, Controllers

Only Ministers

Only Deputy Commissioners

47. Who makes rules under the Act?

Price Control Council

Government of Punjab

Chief Secretary

Industries Minister

48. Who frames regulations?

Council

Government

Provincial Assembly

Controller of Prices

49. Who can amend the Schedule?

Council

Government

High Court

Provincial Assembly

50. Essential commodity in Schedule:

White sugar

Luxury cars

Gold

Foreign currency

Page 3 of 6

51. Which Act regulates price control of essential commodities in Punjab (2024)?

Punjab Essential Goods Act 2024

Punjab Price Control of Essential Commodities Act 2024

Punjab Market Regulation Act 2024

Punjab Fair Trade Act 2024

52. What is the extent of the Punjab Price Control of Essential Commodities Act 2024?

Lahore only

Whole of Pakistan

Whole of Punjab

Selected districts of Punjab

53. When does the Punjab Price Control of Essential Commodities Act 2024 come into force?

On 1st July 2024

On notification by Government

Immediately after enactment

From next financial year

54. Who is the “Controller of Prices and Supplies” under the Act?

Secretary Food

Deputy Commissioner

Provincial Controller General

District Magistrate

55. What does “essential commodity” mean under the Act?

Any product imported from abroad

Commodities declared essential by the Federal Govt

Commodities listed in the Schedule of the Act

Only food items

56. Who is defined as a “dealer” in the Act?

Only wholesalers

Only retailers

Both wholesalers and retailers of essential commodities

Only producers

57. Who is the “Provincial Controller General” as per the Act?

Chief Secretary

Provincial officer designated under Section 5

Controller of Prices and Supplies

Food Secretary

58. Who acts as Chairperson of the Price Control Council?

Chief Secretary Punjab

Minister for Food

Minister for Industries, Commerce, Investment & Skills Development

Minister for Agriculture

59. Which officer serves as Member/Secretary of the Price Control Council?

Secretary Food

Secretary Industries

Secretary Agriculture

Secretary Home

60. One of the functions of the Price Control Council is to:

Enforce police action against hoarders

Obtain and review price information of essential commodities

Fix retail shop timings

Collect market taxes

61. Which high-ranking administrative officer is a member of the Price Control Council?

Commissioner

Chief Secretary Punjab

Deputy Commissioner

Inspector General Police

62. Who has the power to regulate prices and distribution of essential commodities under Section 4?

District Magistrate only

Controller of Prices and Supplies only

The Council itself or Provincial Controller General or authorized officers

Federal Government only

63. What is the main purpose of orders made under Section 4?

To increase government tax revenue

To secure equitable distribution and fair prices of essential commodities

To protect only producers’ interests

To regulate international trade

64. Which of the following can be regulated under orders of Section 4?

Prices and production

Movement and supply

Distribution and sale

All of the above

65. Which activity can be controlled under Section 4(2)(a)?

Import licenses

Prices at which commodities may be bought or sold

Export permits

Transport fares

66. What is prohibited under Section 4(2)(d)?

Production without license

Withholding the sale of an essential commodity ordinarily kept for sale

Import without clearance

Selling above MRP

67. Who may be required to sell part of their stock under Section 4(2)(e)?

Producers and dealers holding stock

Only retailers

Only importers

Only consumers

68. What is fixed under Section 4(2)(f)?

Sale timing

Maximum quantity of commodity a producer or dealer may possess

Minimum export quota

Storage fees

69. What record-keeping may be required under Section 4(2)(h)?

Election rolls

Books, accounts, and records of business for inspection

Educational certificates

Tax records only

70. What must every dealer/retailer display as per Section 4(2)(i)?

Trade license

Tax clearance certificate

Price list of essential commodities

Quality certificates

71. Which incidental powers are given under Section 4(2)(j)?

Power to collect tolls

Search, seizure, issue of licenses/permits

Levying new taxes

Fixing shop timings

72. What may happen if a dealer violates the Act under Section 4(2)(k)?

Warning only

Seizure and forfeiture of stock, sealing of premises

Increase in license fee

Blacklisting without penalty

73. Are provisions of the Code of Criminal Procedure, 1898 applicable on search, seizure and forfeiture under this Act?

Yes, fully applicable

Applicable only in Lahore

Not applicable

Partially applicable

74. Who is designated as the Provincial Controller General under the Act?

Chief Secretary Punjab

Secretary Food Department

Secretary Industries, Commerce, Investment & Skills Development Department

Minister for Industries

75. What power does the Provincial Controller General have under Section 5(2)?

To make laws independently

To authorize any officer to exercise his powers in specific areas and commodities

To impose federal taxes

To appoint Deputy Commissioners

Page 4 of 6

76. Who acts as Controller of Prices and Supplies in each district?

Assistant Commissioner

Provincial Controller General

Deputy Commissioner

Chief Secretary

77. In exercising powers, the Controller of Prices and Supplies must consult:

Provincial Assembly

Federal Government

District Price Control Committee

Chamber of Commerce

78. Which of the following may the Provincial Controller General or Controller of Prices and Supplies demand?

Monthly or periodical statements from producers, dealers, or importers

Income tax returns of citizens

Electoral lists

Personal bank statements of individuals

79. Under Section 5(4)(b), the Controller may:

Close shops without reason

Enter and search trade association premises and verify records

Arrest producers without warrant

Fix minimum wages

80. For differentiated commodities, the Controller may fix:

Maximum import quotas

Prices for each brand category or tier

Trade association membership fees

Minimum profit margins

81. Which organizations’ assistance may the Controller seek for price fixation?

Only private companies

Only international NGOs

Federal or Provincial organizations

Only local trade unions

82. What enforcement powers are granted under Section 5(4)(f)?

Only issuing warnings

Search, seizure, forfeiture, and sealing of business premises

Fixing employee salaries

Levying taxes

83. Are provisions of the Code of Criminal Procedure, 1898 applicable to search, seizure and forfeiture under Section 5?

Yes, fully applicable

Applicable with court permission only

Not applicable

Applicable only in urban areas

84. Which authority has the power to fix maximum prices of essential commodities?

Federal Government

Provincial Controller General or Controller of Prices and Supplies

Chamber of Commerce

Local Market Committees

85. Different prices for essential commodities may be fixed for:

Urban and rural areas only

Different localities or stages of transaction

Wholesale only

Retail only

86. For how long can prices be fixed under Section 6?

Only one month

Only six months

For a specific period determined in the order

Permanently

87. Who can review or extend the period of a price fixation order?

Provincial Assembly

High Court

Provincial Controller General or Controller of Prices and Supplies

Parliament

88. What must a seller display at a conspicuous place under Section 7?

Company registration certificate

Fixed price list of essential commodities

Import license

Business tax clearance

89. Selling an essential commodity above the fixed maximum price is:

Legal in emergencies

Prohibited under Section 7

Allowed with permission of Chamber of Commerce

A civil wrong only

90. Seized essential commodities may be sold:

After court trial only

Immediately on the spot at fixed prices

By Federal Government auction only

Only if the seller is convicted

91. Where are the sale proceeds of seized commodities deposited?

In private trader’s account

In a scheduled bank account for government dues

In the district market committee

In the High Court registry

92. If an accused is acquitted, the sale proceeds of his seized commodities are:

Forfeited to government

Refunded to him

Donated to charity

Deposited in court treasury

93. If convicted, the deposited sale proceeds are:

Returned to the seller

Forfeited to Government

Given to complainant

Transferred to District Committee

94. Under Section 9, who must supply production, import, and stock information?

Only wholesalers

Every dealer, importer, producer, or seller

Only exporters

Only retailers

95. Maximum imprisonment for contravention under Section 10(1) is:

1 year

2 years

3 years

5 years

96. Maximum fine under Section 10(1) is:

Rs. 50,000

Rs. 100,000

Rs. 500,000

Rs. 1,000,000

97. On second conviction, minimum imprisonment is:

7 days

15 days

1 month

3 months

98. On second conviction, minimum fine is:

Rs. 10,000

Rs. 25,000

Rs. 45,000

Rs. 100,000

99. Maximum sealing period of premises on second conviction is:

3 days

5 days

7 days

10 days

100. Nature of offences under Section 11:

Non-cognizable and bailable

Cognizable and non-bailable

Civil in nature

Bailable with surety

Page 5 of 6

101. Appeal against order of Controller of Prices and Supplies lies to:

Provincial Controller General

Divisional Commissioner

High Court

Provincial Assembly

102. Appeal against order of Provincial Controller General lies to:

Chief Minister

Divisional Commissioner

Appellate Committee constituted by Council

Provincial Ombudsman

103. Limitation period for appeal against Controller of Prices order:

7 working days

10 working days

15 working days

30 working days

104. Limitation period for appeal against Provincial Controller order:

7 days

10 days

15 working days

20 working days

105. Attempt or abetment of contravention is:

Not punishable

Deemed contravention itself

Ignored if for personal use

Civil liability only

106. Buying essential commodity for personal consumption is:

Considered abetment

Not abetment

Contravention of law

Civil wrong

107. If a company violates the Act, who is deemed guilty?

Only company

Directors, managers, officers unless they prove due diligence

Only shareholders

Registrar of Companies

108. Punishment for false statement under Section 15 may extend to:

1 year

2 years

3 years

5 years

109. Which authority tries offences under the Act?

Sessions Judge

Civil Court

Special Magistrate appointed under Section 14A CrPC

Federal Ombudsman

110. Special Magistrate may try offences in:

Only regular trial

Summary manner or under Chapter XX CrPC

Civil procedure only

Tribunal procedure

111. Burden of proof regarding licence/permit under Section 17 lies on:

Complainant

Controller of Prices

Accused person

Police officer

112. Section 18 provides protection for actions:

Done in bad faith

Done in good faith under the Act

Done by private dealers

Done by Federal Government only

113. Who may make rules for carrying out purposes of the Act?

Provincial Government

Provincial Assembly

Federal Government

Chief Justice

114. Who may frame regulations under the Act?

Provincial Controller General

Council

Divisional Commissioner

Federal Minister

115. Who may amend the Schedule of essential commodities?

Provincial Controller General

Provincial Assembly

Council

Federal Government

116. Overriding effect of the Act means:

Orders prevail over any inconsistent enactment or instrument

Orders subordinate to other enactments

Orders apply only if no other law exists

Orders valid only with court approval

117. Which previous law was repealed by this Act?

Punjab Food Authority Act 2011

Punjab Price Control of Essential Commodities Ordinance 2023 (V of 2024)

Competition Act 2010

Consumer Protection Act 2005

118. Which commodity is included in Schedule?

White sugar

Gold

Petroleum

Silver

119. Which grain is listed as essential commodity?

Rice (paddy)

Coffee beans

Cocoa

Barley

120. Which dairy products are listed?

Milk and Yogurt

Cheese and Butter

Whey powder

Skimmed milk powder

121. Which meats are covered under the Schedule?

Beef, Mutton, Chicken

Turkey, Camel, Ostrich

Fish only

Prawns and Crabs

122. Which farm produce pulses are included?

Only lentils

Pulses of all sorts, gram, etc.

Only chickpeas

Only red beans

123. Which spices are explicitly mentioned?

Cinnamon only

Black pepper

Spices of all sorts and red chilies

Nutmeg only

124. Which fertilizer is included in Schedule?

Only urea

Only DAP

Chemical fertilizer of all sorts

Compost only

125. Which energy sources are listed?

LPG, LNG, Kerosene oil, Coal, Firewood

Petrol, Diesel, CNG only

Solar energy

Electricity

Page 6 of 6

126. Which construction materials are included?

Sand, Bricks, Cement, Bajri

Steel rods only

Glass

Tiles

127. Which COVID-related items are included?

Oxygen gas, masks, sanitizers, gloves

Vaccines

PPE kits only

Thermometers

128. Which bakery items are included in Schedule?

Bread and Naan Roti

Pastries

Cakes

Biscuits

129. Which beverages are listed?

Mineral and filtered water, tea

Cold drinks

Coffee only

Juices only

130. Which seasonal fruit is explicitly listed?

Mango

Dates (Khajoor)

Apple

Banana

131. Which snack item is included?

Chips

Samoosa

Pakora

Burger

132. Who has the power to fix the maximum prices of essential commodities under the Act?

Divisional Commissioner

Provincial Controller General

Special Magistrate

District Police Officer

133. What is prohibited under Section 7 regarding selling essential commodities?

Selling below the cost price

Selling without receipt

Selling at a price higher than the fixed maximum price

Selling without license

134. What happens to the seized essential commodities under Section 8?

They are destroyed immediately

They are auctioned at market price

They may be sold on the spot at the fixed prices

They are kept in Government godowns only

135. If the accused is acquitted, what happens to the proceeds from the sale of his seized commodities?

Transferred to welfare fund

Released back to the accused

Retained permanently by Government

Deposited in court treasury

136. What is the punishment for contravening any order under the Act for the first time?

6 months imprisonment or Rs. 50,000 fine

Up to 3 years imprisonment or Rs. 500,000 fine or both

1 year imprisonment or Rs. 100,000 fine

5 years imprisonment without fine

137. On repeat offence, what is the minimum fine imposed under Section 10(2)?

Rs. 10,000

Rs. 25,000

Rs. 45,000

Rs. 100,000

138. Which authority hears an appeal against an order of the Controller of Prices and Supplies?

Provincial Controller General

Appellate Committee of the Council

Divisional Commissioner

High Court

139. Which authority hears an appeal against an order of the Provincial Controller General?

Divisional Commissioner

Provincial Assembly

Appellate Committee of the Council

Chief Minister

140. Which type of offences are declared under this Act?

Bailable and compoundable

Cognizable and non-bailable

Civil offences only

Minor offences

141. Who tries the offences under the Act?

Sessions Court

High Court

Special Magistrate

Civil Judge

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Rizwan HaiderLast Updated: August 18, 2025

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