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Bid Security and EMD

Which statement about EMD exemption is most accurate?

Type: MCQ • Marks: 1
Which statement about EMD exemption is most accurate?
Options
A. Every MSME automatically receives every procurement-related exemption in every situation
B. Exemption depends on the applicable procurement policy, category and conditions
C. EMD exemption is never permitted
D. The Principal can grant exemption personally
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UPSC Principal & Vice Principal Management Finance Administration

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