Which of the following may constitute an acceptable form of Performance Security, subject to applicable rules?

Type: MCQ • Marks: 1

A. An authorised bank guarantee or other prescribed security instrument

B. Verbal assurance

C. Personal letter from the supplier

D. Unverified photocopy of an unrelated document

Explanation

The exact permissible forms should be determined from the applicable procurement rules and tender/contract conditions.

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UPSC Principal & Vice Principal Management Finance Administration

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