The Punjab Price Control Of Essential Commodities Act 2024 Test Online

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Question 1

1. Name of the law is:

Answer

Punjab Price Regulation Act 2024

Answer

Punjab Price Control of Essential Commodities Act 2024

Answer

Punjab Essential Supplies Act 2024

Answer

Punjab Anti-Profiteering Act 2024

Question 2

2. Date of enforcement:

Answer

14 June 2024

Answer

1 January 2024

Answer

30 June 2024

Answer

7 July 2024

Question 3

3. Objective of the Act:

Answer

Promote exports

Answer

Control artificial price hike and profiteering

Answer

Ban imports

Answer

Increase agricultural subsidies

Question 4

4. Extent of the Act:

Answer

Major cities only

Answer

All over Punjab

Answer

Punjab rural areas

Answer

Punjab industrial zones only

Question 5

5. Who is the Controller of Prices and Supplies?

Answer

Minister for Industries

Answer

Deputy Commissioner of the district

Answer

Provincial Secretary

Answer

Price Council Chairman

Question 6

6. What is an “essential commodity”?

Answer

Only food items

Answer

Items listed in the Schedule

Answer

Items declared by federal government

Answer

Luxury goods

Question 7

7. Who chairs the Price Control Council?

Answer

Chief Secretary

Answer

Minister for Industries, Commerce, Investment & Skills Development

Answer

Minister for Food

Answer

Provincial Controller General

Question 8

8. One power of the Council is to:

Answer

Collect taxes

Answer

Review prices of essential commodities

Answer

Issue ration cards

Answer

Approve trade licenses

Question 9

9. Who is the Provincial Controller General?

Answer

Minister for Food

Answer

Secretary, Industries, Commerce, Investment & Skills Development Department

Answer

Director of Trade

Answer

Chief Minister

Question 10

10. Prices can be fixed by:

Answer

Federal Government

Answer

Provincial Controller General or Controller of Prices and Supplies

Answer

Chamber of Commerce

Answer

Local markets

Question 11

11. Price fixation can be:

Answer

Same for all areas

Answer

Different for different localities

Answer

Only for provincial capitals

Answer

Fixed for one year only

Question 12

12. Sellers must display:

Answer

Tax clearance certificate

Answer

Price list of essential commodities

Answer

Stock purchase details

Answer

License fee rates

Question 13

13. Seized essential commodities may be:

Answer

Stored until case ends

Answer

Sold on the spot at fixed prices

Answer

Destroyed immediately

Answer

Exported abroad

Question 14

14. If accused is acquitted after sale of goods:

Answer

Money kept by government

Answer

Amount returned to accused

Answer

Given to charity

Answer

Divided among informers

Question 15

15. Penalty for first offence:

Answer

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

Answer

Life imprisonment

Answer

Rs. 5 million fine only

Answer

Warning only

Question 16

16. Second offence minimum punishment:

Answer

7 days jail or Rs. 25,000 fine

Answer

1 month jail or Rs. 45,000 fine

Answer

3 years jail

Answer

License cancellation only

Question 17

17. Are offences bailable?

Answer

No, they are non-bailable

Answer

Yes, only for small traders

Answer

Yes, with court permission

Question 18

18. Appeal against Controller’s order goes to:

Answer

High Court

Answer

Divisional Commissioner

Answer

Council directly

Answer

Provincial Minister

Question 19

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

Answer

Divisional Commissioner

Answer

Appellate Committee of the Council

Answer

High Court

Answer

Deputy Commissioner

Question 20

20. Buying for personal use is:

Answer

Always punishable

Answer

Not considered abetment

Answer

Considered profiteering

Answer

Requires license

Question 21

21. False statement penalty:

Answer

Rs. 50,000 fine only

Answer

Up to 3 years imprisonment or fine or both

Answer

Life imprisonment

Answer

Only a warning

Question 22

22. Burden of proof of lawful authority lies on:

Answer

Prosecution

Question 23

23. Officers acting in good faith are:

Answer

Liable for damages

Answer

Protected from legal proceedings

Answer

Suspended from duty

Answer

Subject to inquiry

Question 24

24. Who can amend the Schedule?

Answer

Federal Government

Answer

Price Control Council

Answer

Provincial Assembly

Answer

Local government

Question 25

25. Law repealed by this Act:

Answer

Punjab Essential Commodities Act 2022

Answer

Punjab Price Control of Essential Commodities Ordinance 2023

Answer

Punjab Hoarding Control Act 2019

Answer

Punjab Price Stabilization Act 2020

Question 26

26. Who appoints the Price Control Council?

Answer

Chief Minister

Answer

Provincial Assembly

Answer

Provided by the Act itself

Answer

Federal Government

Question 27

27. The Minister for Agriculture is:

Answer

Vice Chairperson of the Council

Answer

A Member of the Council

Answer

Not part of the Council

Answer

Chairperson of the Council

Question 28

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

Answer

Only with court approval

Answer

Only through Provincial Controller

Question 29

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

Answer

Regulating export of luxury cars

Answer

Fixing maximum prices of essential commodities

Answer

Issuing currency notes

Answer

Enforcing labour laws

Question 30

30. Which section allows seizure and forfeiture of stock?

Answer

Section 4(2)(k)

Answer

Section 11

Answer

Section 19

Question 31

31. Before seizing and sealing, the officer must:

Answer

Publish notice in newspaper

Answer

Provide opportunity of being heard

Answer

Get High Court approval

Answer

Wait 30 days

Question 32

32. Deputy Commissioner acts as Controller of Prices:

Answer

In whole Punjab

Answer

In his respective district

Answer

Only in rural areas

Answer

Only for agriculture products

Question 33

33. Price fixation can consider:

Answer

Brand categories

Answer

Stock limits only

Answer

Government subsidies only

Answer

Import-export ratios only

Question 34

34. Price review must be supported by:

Answer

Oral statements

Answer

Written reasons

Answer

Anonymous complaints

Answer

Political approval

Question 35

35. Reselling above fixed price is:

Answer

Allowed in rural areas

Answer

An offence

Answer

Allowed if buyer agrees

Answer

Legal in wholesale only

Question 36

36. Display of price list must be:

Answer

At office of Controller

Answer

At a conspicuous place at point of sale

Answer

On seller’s mobile app

Answer

Only in wholesale markets

Question 37

37. Seized goods may be sold:

Answer

After court order only

Answer

On the spot

Answer

Through secret auction

Answer

Only if perishable

Question 38

38. Sale proceeds of seized goods are kept in:

Answer

Trader’s account

Answer

A profit-bearing bank account

Answer

Cash in Controller’s office

Answer

Provincial treasury without interest

Question 39

39. If convicted, sale proceeds:

Answer

Returned to seller

Answer

Given to government

Answer

Donated to charity

Answer

Used for Council expenses

Question 40

40. Who must supply production and stock information?

Answer

Dealers only

Answer

Dealers, importers, producers, sellers

Answer

Only wholesalers

Question 41

41. Fine limit for first offence:

Answer

Rs. 200,000

Answer

Rs. 500,000

Answer

Rs. 1,000,000

Answer

Rs. 50,000

Question 42

42. Minimum fine for repeat offence:

Answer

Rs. 20,000

Answer

Rs. 45,000

Answer

Rs. 50,000

Answer

Rs. 100,000

Question 43

43. Who tries offences under the Act?

Answer

Civil Judge

Answer

Special Magistrate

Answer

Session Judge

Answer

District Price Committee

Question 44

44. Special Magistrate can try offences:

Answer

Only under Chapter XX of CrPC

Answer

Either summarily or under Chapter XX

Answer

Only summarily

Answer

Through jury trial

Question 45

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

Answer

Prosecution

Answer

Price Control Council

Question 46

46. Protection in good faith applies to:

Answer

Only Provincial Controller General

Answer

Provincial Controller General, authorized officers, Controllers

Answer

Only Ministers

Answer

Only Deputy Commissioners

Question 47

47. Who makes rules under the Act?

Answer

Price Control Council

Answer

Government of Punjab

Answer

Chief Secretary

Answer

Industries Minister

Question 48

48. Who frames regulations?

Answer

Government

Answer

Provincial Assembly

Answer

Controller of Prices

Question 49

49. Who can amend the Schedule?

Answer

Government

Answer

High Court

Answer

Provincial Assembly

Question 50

50. Essential commodity in Schedule:

Answer

White sugar

Answer

Luxury cars

Answer

Foreign currency

Question 51

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

Answer

Punjab Essential Goods Act 2024

Answer

Punjab Price Control of Essential Commodities Act 2024

Answer

Punjab Market Regulation Act 2024

Answer

Punjab Fair Trade Act 2024

Question 52

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

Answer

Lahore only

Answer

Whole of Pakistan

Answer

Whole of Punjab

Answer

Selected districts of Punjab

Question 53

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

Answer

On 1st July 2024

Answer

On notification by Government

Answer

Immediately after enactment

Answer

From next financial year

Question 54

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

Answer

Secretary Food

Answer

Deputy Commissioner

Answer

Provincial Controller General

Answer

District Magistrate

Question 55

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

Answer

Any product imported from abroad

Answer

Commodities declared essential by the Federal Govt

Answer

Commodities listed in the Schedule of the Act

Answer

Only food items

Question 56

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

Answer

Only wholesalers

Answer

Only retailers

Answer

Both wholesalers and retailers of essential commodities

Answer

Only producers

Question 57

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

Answer

Chief Secretary

Answer

Provincial officer designated under Section 5

Answer

Controller of Prices and Supplies

Answer

Food Secretary

Question 58

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

Answer

Chief Secretary Punjab

Answer

Minister for Food

Answer

Minister for Industries, Commerce, Investment & Skills Development

Answer

Minister for Agriculture

Question 59

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

Answer

Secretary Food

Answer

Secretary Industries

Answer

Secretary Agriculture

Answer

Secretary Home

Question 60

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

Answer

Enforce police action against hoarders

Answer

Obtain and review price information of essential commodities

Answer

Fix retail shop timings

Answer

Collect market taxes

Question 61

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

Answer

Commissioner

Answer

Chief Secretary Punjab

Answer

Deputy Commissioner

Answer

Inspector General Police

Question 62

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

Answer

District Magistrate only

Answer

Controller of Prices and Supplies only

Answer

The Council itself or Provincial Controller General or authorized officers

Answer

Federal Government only

Question 63

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

Answer

To increase government tax revenue

Answer

To secure equitable distribution and fair prices of essential commodities

Answer

To protect only producers’ interests

Answer

To regulate international trade

Question 64

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

Answer

Prices and production

Answer

Movement and supply

Answer

Distribution and sale

Answer

All of the above

Answer 244

Import licenses

Answer 245

Prices at which commodities may be bought or sold

Answer 246

Export permits

Answer 247

Transport fares

Answer 248

Production without license

Answer 249

Withholding the sale of an essential commodity ordinarily kept for sale

Answer 250

Import without clearance

Answer 251

Selling above MRP

Answer 252

Producers and dealers holding stock

Answer 253

Only retailers

Answer 254

Only importers

Answer 255

Only consumers

Answer 256

Sale timing

Answer 257

Maximum quantity of commodity a producer or dealer may possess

Answer 258

Minimum export quota

Answer 259

Storage fees

Answer 260

Election rolls

Answer 261

Books, accounts, and records of business for inspection

Answer 262

Educational certificates

Answer 263

Tax records only

Answer 264

Trade license

Answer 265

Tax clearance certificate

Answer 266

Price list of essential commodities

Answer 267

Quality certificates

Answer 268

Power to collect tolls

Answer 269

Search, seizure, issue of licenses/permits

Answer 270

Levying new taxes

Answer 271

Fixing shop timings

Answer 272

Warning only

Answer 273

Seizure and forfeiture of stock, sealing of premises

Answer 274

Increase in license fee

Answer 275

Blacklisting without penalty

Answer 276

Yes, fully applicable

Answer 277

Applicable only in Lahore

Answer 278

Not applicable

Answer 279

Partially applicable

Answer 280

Chief Secretary Punjab

Answer 281

Secretary Food Department

Answer 282

Secretary Industries, Commerce, Investment & Skills Development Department

Answer 283

Minister for Industries

Answer 284

To make laws independently

Answer 285

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

Answer 286

To impose federal taxes

Answer 287

To appoint Deputy Commissioners

Answer 288

Assistant Commissioner

Answer 289

Provincial Controller General

Answer 290

Deputy Commissioner

Answer 291

Chief Secretary

Answer 292

Provincial Assembly

Answer 293

Federal Government

Answer 294

District Price Control Committee

Answer 295

Chamber of Commerce

Answer 296

Monthly or periodical statements from producers, dealers, or importers

Answer 297

Income tax returns of citizens

Answer 298

Electoral lists

Answer 299

Personal bank statements of individuals

Answer 300

Close shops without reason

Answer 301

Enter and search trade association premises and verify records

Answer 302

Arrest producers without warrant

Answer 303

Fix minimum wages

Answer 304

Maximum import quotas

Answer 305

Prices for each brand category or tier

Answer 306

Trade association membership fees

Answer 307

Minimum profit margins

Answer 308

Only private companies

Answer 309

Only international NGOs

Answer 310

Federal or Provincial organizations

Answer 311

Only local trade unions

Answer 312

Only issuing warnings

Answer 313

Search, seizure, forfeiture, and sealing of business premises

Answer 314

Fixing employee salaries

Answer 315

Levying taxes

Answer 316

Yes, fully applicable

Answer 317

Applicable with court permission only

Answer 318

Not applicable

Answer 319

Applicable only in urban areas

Answer 320

Federal Government

Answer 321

Provincial Controller General or Controller of Prices and Supplies

Answer 322

Chamber of Commerce

Answer 323

Local Market Committees

Answer 324

Urban and rural areas only

Answer 325

Different localities or stages of transaction

Answer 326

Wholesale only

Answer 327

Retail only

Answer 328

Only one month

Answer 329

Only six months

Answer 330

For a specific period determined in the order

Answer 331

Permanently

Answer 332

Provincial Assembly

Answer 333

High Court

Answer 334

Provincial Controller General or Controller of Prices and Supplies

Answer 335

Parliament

Answer 336

Company registration certificate

Answer 337

Fixed price list of essential commodities

Answer 338

Import license

Answer 339

Business tax clearance

Answer 340

Legal in emergencies

Answer 341

Prohibited under Section 7

Answer 342

Allowed with permission of Chamber of Commerce

Answer 343

A civil wrong only

Answer 344

After court trial only

Answer 345

Immediately on the spot at fixed prices

Answer 346

By Federal Government auction only

Answer 347

Only if the seller is convicted

Answer 348

In private trader’s account

Answer 349

In a scheduled bank account for government dues

Answer 350

In the district market committee

Answer 351

In the High Court registry

Answer 352

Forfeited to government

Answer 353

Refunded to him

Answer 354

Donated to charity

Answer 355

Deposited in court treasury

Answer 356

Returned to the seller

Answer 357

Forfeited to Government

Answer 358

Given to complainant

Answer 359

Transferred to District Committee

Answer 360

Only wholesalers

Answer 361

Every dealer, importer, producer, or seller

Answer 362

Only exporters

Answer 363

Only retailers

Answer 364

Rs. 50,000

Answer 365

Rs. 100,000

Answer 366

Rs. 500,000

Answer 367

Rs. 1,000,000

Answer 368

Rs. 10,000

Answer 369

Rs. 25,000

Answer 370

Rs. 45,000

Answer 371

Rs. 100,000

Answer 372

Non-cognizable and bailable

Answer 373

Cognizable and non-bailable

Answer 374

Civil in nature

Answer 375

Bailable with surety

Answer 376

Provincial Controller General

Answer 377

Divisional Commissioner

Answer 378

High Court

Answer 379

Provincial Assembly

Answer 380

Chief Minister

Answer 381

Divisional Commissioner

Answer 382

Appellate Committee constituted by Council

Answer 383

Provincial Ombudsman

Answer 384

7 working days

Answer 385

10 working days

Answer 386

15 working days

Answer 387

30 working days

Answer 388

15 working days

Answer 389

20 working days

Answer 390

Not punishable

Answer 391

Deemed contravention itself

Answer 392

Ignored if for personal use

Answer 393

Civil liability only

Answer 394

Considered abetment

Answer 395

Not abetment

Answer 396

Contravention of law

Answer 397

Civil wrong

Answer 398

Only company

Answer 399

Directors, managers, officers unless they prove due diligence

Answer 400

Only shareholders

Answer 401

Registrar of Companies

Answer 402

Sessions Judge

Answer 403

Civil Court

Answer 404

Special Magistrate appointed under Section 14A CrPC

Answer 405

Federal Ombudsman

Answer 406

Only regular trial

Answer 407

Summary manner or under Chapter XX CrPC

Answer 408

Civil procedure only

Answer 409

Tribunal procedure

Answer 410

Complainant

Answer 411

Controller of Prices

Answer 412

Accused person

Answer 413

Police officer

Answer 414

Done in bad faith

Answer 415

Done in good faith under the Act

Answer 416

Done by private dealers

Answer 417

Done by Federal Government only

Answer 418

Provincial Government

Answer 419

Provincial Assembly

Answer 420

Federal Government

Answer 421

Chief Justice

Answer 422

Provincial Controller General

Answer 423

Divisional Commissioner

Answer 424

Federal Minister

Answer 425

Provincial Controller General

Answer 426

Provincial Assembly

Answer 427

Federal Government

Answer 428

Orders prevail over any inconsistent enactment or instrument

Answer 429

Orders subordinate to other enactments

Answer 430

Orders apply only if no other law exists

Answer 431

Orders valid only with court approval

Answer 432

Punjab Food Authority Act 2011

Answer 433

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

Answer 434

Competition Act 2010

Answer 435

Consumer Protection Act 2005

Answer 436

White sugar

Answer 437

Rice (paddy)

Answer 438

Coffee beans

Answer 439

Milk and Yogurt

Answer 440

Cheese and Butter

Answer 441

Whey powder

Answer 442

Skimmed milk powder

Answer 443

Beef, Mutton, Chicken

Answer 444

Turkey, Camel, Ostrich

Answer 445

Prawns and Crabs

Answer 446

Only lentils

Answer 447

Pulses of all sorts, gram, etc.

Answer 448

Only chickpeas

Answer 449

Only red beans

Answer 450

Cinnamon only

Answer 451

Black pepper

Answer 452

Spices of all sorts and red chilies

Answer 453

Nutmeg only

Answer 454

Chemical fertilizer of all sorts

Answer 455

Compost only

Answer 456

LPG, LNG, Kerosene oil, Coal, Firewood

Answer 457

Petrol, Diesel, CNG only

Answer 458

Solar energy

Answer 459

Electricity

Answer 460

Sand, Bricks, Cement, Bajri

Answer 461

Steel rods only

Answer 462

Oxygen gas, masks, sanitizers, gloves

Answer 463

PPE kits only

Answer 464

Thermometers

Answer 465

Bread and Naan Roti

Answer 466

Mineral and filtered water, tea

Answer 467

Cold drinks

Answer 468

Coffee only

Answer 469

Juices only

Answer 470

Dates (Khajoor)

Answer 471

Divisional Commissioner

Answer 472

Provincial Controller General

Answer 473

Special Magistrate

Answer 474

District Police Officer

Answer 475

Selling below the cost price

Answer 476

Selling without receipt

Answer 477

Selling at a price higher than the fixed maximum price

Answer 478

Selling without license

Answer 479

They are destroyed immediately

Answer 480

They are auctioned at market price

Answer 481

They may be sold on the spot at the fixed prices

Answer 482

They are kept in Government godowns only

Answer 483

Transferred to welfare fund

Answer 484

Released back to the accused

Answer 485

Retained permanently by Government

Answer 486

Deposited in court treasury

Answer 487

6 months imprisonment or Rs. 50,000 fine

Answer 488

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

Answer 489

1 year imprisonment or Rs. 100,000 fine

Answer 490

5 years imprisonment without fine

Answer 491

Rs. 10,000

Answer 492

Rs. 25,000

Answer 493

Rs. 45,000

Answer 494

Rs. 100,000

Answer 495

Provincial Controller General

Answer 496

Appellate Committee of the Council

Answer 497

Divisional Commissioner

Answer 498

High Court

Answer 499

Divisional Commissioner

Answer 500

Provincial Assembly

Answer 501

Appellate Committee of the Council

Answer 502

Chief Minister

Answer 503

Bailable and compoundable

Answer 504

Cognizable and non-bailable

Answer 505

Civil offences only

Answer 506

Minor offences

Answer 507

Sessions Court

Answer 508

High Court

Answer 509

Special Magistrate

Answer 510

Civil Judge

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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