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Economy question from JKAS Prelims, 2021 by JKPSC

Which of the following is not true about The Essential Commodities Act 1955?

1. The central government cannot add or remove commodities from the list mentioned in the act.
2. The central government can provide for regulating or prohibiting the production, supply and distribution thereof and trade and commerce therein.
3. The central government can order the produce of essential commodity to be brought in for inspection

Choose the correct option.

Last updated May 15, 2026
Correct Answer: Option A — Only 1
Analysis of Statements:
Statement 1 is Not True (False): The Central Government has the power to add or remove commodities from the schedule of the Act. If the government is satisfied that it is necessary in the public interest to do so, it can notify an item as "essential" to regulate its supply and price (e.g., masks and hand sanitizers were temporarily added during the COVID-19 pandemic).

Statement 2 is True: The primary objective of the Act is to empower the government to regulate or prohibit the production, supply, and distribution of essential commodities to ensure they are available to consumers at fair prices.

Statement 3 is True: To prevent hoarding and black marketing, the government can issue orders for the inspection of books of accounts and the physical produce of any entity dealing in essential commodities.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.

About this question

JKPSC JKAS 2021 Prelims

Details

Exam JKPSC
Recruitment JKAS
Stage Prelims
Year 2021
Subject Economy
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