The primary objective of public procurement is to:

Type: MCQ • Marks: 1

A. Maximise the number of vendors

B. Obtain the required goods/services with economy, efficiency, transparency and fairness

C. Always select the lowest-priced supplier

D. Minimise administrative responsibility

Explanation

Public procurement seeks value for money while maintaining transparency, competition, fairness and accountability.

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UPSC Principal & Vice Principal Management Finance Administration

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