GEMs

1. What are the benefits of GeM?

• (A) Provides transparency, efficiency and speed in public procurement

• (B) Lower prices of End to repetitive tendering.

• (C) Support Make in India or lower administrative and transactions costs.

• (D) All of the above

2. What does EMD stand for?

• (A) Earlier Money Debited

• (B) Easy Money Deposit

• (C) Earnest Money Deposit

• (D) Earnest Money Debited

(3) What does CRAC stand for ?

• (A) Consignee Receipt Acceptance Certificate

• (B) Consignee Rejected Acceptance Certificate

• (C) Consignee Receipt Agreement Certificate

• (D) None of the above

4. Who generates contract on GEM?

• (A) Buyer

• (B) Seller

• (C) PAO

• (D) DDO

5. Which GFR (2017)rule is applicable for GeM ?

• (A) 162

• (B)249

• (C)100

• (D)149

(6) Direct Buying can be adopted for purchase orders in the range ?

• (A) 0.25,000

• (B) 25,000-5,00.000

• (C) 5,00,000-30,00,000

• (D)30,00,000 & Above

(7) Mandatory price comparison amongst three sellers can be adopted for purchase orders in the range ?

• (A) 0-25,000

• (B) 25,000 - 5,00,000

• (C) 5,00,000 - 30,00,000

• (D) 30,00,000 & Above

8. Buying either through bidding/RA is mandatory for purchase ordeae orders in the range ?

• (A) 0-25,000

• (B) 25,000 - 5,00,000

• (C) 5,00,000 - 30,00,000

• (D) 30,00,000 & Above

9. Who can reject the Consignment ?

• (A) Buyer

• (B) Consignee

• (C) DDO

• (D) PAO

10.What is the full form of CPPP ?

• (A) Central public procurement portal

• (B) Central public procurement for people

• (C) Corporate public policy and promotion

• (D) Crime prevention partnership