onsider the following statements regarding Government e-Marketplace.
1. GeM aims to enhance transparency, efficiency, and speed in public procurement.
2. GeM is a state-of-the-art national public procurement platform of the Ministry of Agriculture.
3. It is now mandatory for sellers to enter the Country of Origin while registering all new products on GeM. Which of the statements given above is/are correct?
This questions was previously asked in
SBI PO Mains (30 Jan, 2023)
1 and 2 only
Incorrect Answer2 and 3 only
Incorrect Answer1, 2 and 3
Incorrect Answer1 and 3 only
Correct AnswerExplanation:
- Statement 1: GeM aims to enhance transparency, efficiency, and speed in public procurement.
- This statement is true. GeM is designed to streamline the procurement process for government organizations.
- Statement 2: GeM is a state-of-the-art national public procurement platform of the Ministry of Agriculture.
- This statement is false. GeM is managed by the Ministry of Commerce and Industry, not the Ministry of Agriculture.
- Statement 3: It is now mandatory for sellers to enter the Country of Origin while registering all new products on GeM.
- This statement is true. This requirement helps promote transparency and self-reliance.
Based on the above analysis, the correct option is:
- Option 4: 1 and 3 only
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By: Parvesh Mehta