PART A- GeM and GFR Rules Flashcards
It has been mandated as per GFR rule__________, that if product/services category is available on GeM, All ministries and departments shall procure through GeM
149
The Government e-Marketplace (GeM) was launched on _____________
9thAug 2016
GeM _______ on 26th jan 2018 addressing multiple technical issues and rolling out new , advanced features
3.0
Rule 141-A of GFR 2005, is superseded by Rule ________ of GFR 2017
149
Public Procurement amounts to ____________ of nations GDP
15-20%
Minimum _________ Weeks time to be allowed for submission of bids is defined in Rule 161
Three (3) Weeks
Procurement by Limited Tender Enquiry in cases of Urgent need is defined in Rule___________
Rule 162
Bid Security (EMD) should range between ______% to ________% of the estimated value of Goods to be procured is defined in Rule 170
2 % to 5%
Performance Security should be for an amount of _______% to ______% of the value of the contract as specified in the Rule 171
5 % to 10 %
Procurement of services by limited Tender Enquiry when the value of the services is less than 10 Lakhs is defined in Rule
201
Annual Procurement Plan, OPEX(Operational Expenses) and CAPEX (Capital expenses) as per requirement at the time of preparation of Budget Estimate on GeM portal within _____ days of budget approval is defined in Rule_______
30 Days
Rule 149 (vi)
Demand Splitting (A demand for goods shall not be divided into small quantities) is not allowed as per Rule______
149 (viii)
GeM equity structure has been as _________% government owned capital ________ Crores over FY 18 and FY 19
100 %
200
GFR Rule 149 (i) defines
Up to Rs 25000 through any of the available suppliers on the GeM (Amended)
(earlier it was 50000 as per GFR, 2017)
GFR Rule 149 (ii) defines
Above Rs 25000 and upto Rs 500000 through the GeM sellers having lowest price amongst the available sellers , of at least three different manufacturers on GeM
The tools for online bidding and reverse auction available on GeM can be used by Buyers
(Amended)
(earlier it was 50000 to 3000000 as per GFR, 2017)