Which statement about EMD exemption is most accurate?

Type: MCQ • Marks: 1

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

Explanation

Eligibility for exemptions must be determined under the applicable Government procurement provisions.

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UPSC Principal & Vice Principal Management Finance Administration

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