Sunday, 7 April 2019


Public Procurement Rules


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26. All procurement opportunities over _______ rupees should be advertised in the newspaper.
(A) 0.5 million
(B) 1.5 million
(C) 1.5 million
(D) 2.0 million
27. The procurement opportunities over two million rupees should be advertised in at least _______ newspaper(s).
(A) one
(B) two
(C) three
(D) four
28. The principal method for the procurement of goods, services and works is
(A) open competitive bidding
(B) close competitive bidding
(C) FIFO
(D) LIFO
29. The bidder with the _______ evaluated bid shall be awarded the procurement contract.
(A) highest
(B) lowest
(C) average
(D) zero variance
30. Where needed the procuring agency shall require the successful bidder to furnish a performance guarantee which shall not exceed _______ of the contract amount.
(A) 5%
(B) 7.5%
(C) 10%
(D) 12.5%
ANSWERS: PUBLIC PROCUREMENT RULES
26(D) 27(B) 28(A) 29(B) 30(C)

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