Government e-Marketplace (GeM)

Which of the following best describes competitive procurement?

Type: MCQ • Marks: 1
Which of the following best describes competitive procurement?
Options
A. Providing appropriate suppliers an opportunity to compete under defined conditions
B. Selecting a supplier before procurement begins
C. Purchasing only from known vendors
D. Avoiding price comparison
Explanation
Competition helps promote fairness and value for money.
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UPSC Principal & Vice Principal Management Finance Administration

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