Which statement is correct regarding budget availability and GeM procu

Type: MCQ • Marks: 1

Which statement is correct regarding budget availability and GeM procurement?

A. Availability of funds automatically authorises any GeM purchase

B. Budget availability is necessary but does not replace procurement rules, sanction and financial propriety

C. GeM purchases require no budget

D. GeM overrides appropriation rules

Explanation

GeM is a procurement platform, not a substitute for the Government's financial control framework.

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UPSC Principal & Vice Principal Management Finance Administration

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Which statement is correct regarding budget availability and GeM procurement?