Exam Name : Public Procurement

Total Questions : 50

Q.1 Government agencies are legally bound to invite __________ tenders if the value of Marks: 2
procurement is above a certain threshold or value
Question ID:
5221299

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1 limited

2 private

3 public

4 closed

Q.2 After the final agreement for the __________ proposal is reached, the bidder is invited Marks: 2
to submit its financial proposal.
Question ID:
5221300

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1 scientific

2 feasible

3 technical

4 business
Q.3 The ________ proposal will include the methodology and technical specifications to a Marks: 2
limited extent.
Question ID:
5221301

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1 perceived

2 partial

3 prerogative

4 mean

Q.4 Single source procurement is also known as ________ procurement. Marks: 2

Question ID:
5221302

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1 derived

2 deemed

3 priority

4 direct
Q.5 The open competitive ___________ method is used as the default procedure of Marks: 2
procurement in India
Question ID:
5221303

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1 binding

2 business

3 bidding

4 comparative

Q.6 The key objective of __________ procurement is social benefit at large. Marks: 2
Question ID:
5221304

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1 public

2 systematic

3 governmental

4 scheduled
Q.7 The open competitive bidding procedure can also be implemented as a __________ Marks: 2
auction process.
Question ID:
5221305

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1 regressive

2 retrograde

3 reverse

4 rounded

Q.8 the magnitude of service offered is directly related to the ____________ of goods Marks: 2
purchased.
Question ID:
5221306

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1 supply

2 quantity

3 proportion

4 acceptance
Q.9 ____________ deals with purchasing goods and services by public authorities using Marks: 2
public funds.
Question ID:
5221307

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1 People procurement

2 Public procurement

3 Mass procurement

4 Ideal procurement

Q.10 __________ should be exercised to preclude purchasing quantities in excess of Marks: 2

requirement to avoid inventory carrying costs.
Question ID:
5221308

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1 Caution

2 Rules

3 Bulk buying

4 Restrain
Q.11 Ensuring that the activities for procurement are undertaken efficiently and Marks: 2
economically is the most important _________ objective of procurement.
Question ID:
5221309

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1 cardinal

2 scientific

3 strategic

4 operational

Q.12 _________ activities must also be consistent and enable the organisation to achieve Marks: 2
social, economic and environmental benefits.
Question ID:
5221310

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1 Diversifying

2 Procurement

3 Plundering

4 Ethical
Q.13 A completely __________ procurement process is represented by various Marks: 2
characteristics.
Question ID:
5221311

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1 legal

2 procedural

3 cyclic

4 eternal

Q.14 The concept of _________ Governance is gaining a lot of attention in administration Marks: 2
and management and it has evolved with a wider range of issues and values.
Question ID:
5221312

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1 gregarious

2 ethical

3 good

4 great
Q.15 The ______________ all around the world make profit or generate revenue by entering Marks: 2
into the international market
Question ID:
5221313

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1 producers

2 importers

3 government

4 grey market

Q.16 The concept of public finance refers to the study of government spending, income and Marks: 2
_____________ policy.
Question ID:
5221314

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1 fiscal

2 yearly

3 taxation

4 five year
Q.17 The probability of failures in the process of procurement resulting to business losses Marks: 2
and disruption is called _________ risk.
Question ID:
5221315

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1 perceived

2 deemed

3 procurement

4 estimated

Q.18 ___________- spending and fraud can dissolve the profits expected. Marks: 2
Question ID:
5221316

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1 Callous

2 Rogue

3 Thought

4 Impromptu
Q.19 procurement risk management is an important component of __________ sourcing Marks: 2
Question ID:
5221317

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1 strategic

2 public

3 external

4 industrial

Q.20 ___________ as an activity involved in the purchase of commodities using government Marks: 2
budgets, state or local budgets from an external source, through a formal process of
tenders or competitive bidding process.
Question ID:
5221318

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1 Taxation

2 Procurement

3 Surplus

4 Penance
Q.21 The government procures goods in line with its procurement policy and the Marks: 2
_____________, 2017.
Question ID:
5221319

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1 General Financial Rules

2 Demonetisation

3 trade policy

4 exim policy

Q.22 The Department of ________ amended Rule 161 (iv) of GFR 2017. Marks: 2
Question ID:
5221320

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1 GST

2 Expenditure

3 Excise

4 hierarchy
Q.23 A supplier or a service provider must be selected through a recognised public Marks: 2
procurement procedure.
Question ID:
5221321

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1 TRUE

2 FALSE

Q.24 All the procurement of goods must adhere to the principles stated in GFR, 2017. Marks: 2
Question ID:
5221322

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1 TRUE

2 FALSE
Q.25 The guidelines provided under GST are applicable on the contracting authorities of Marks: 2
government.
Question ID:
5221323

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1 TRUE

2 FALSE

Q.26 The procurement process is a cycle that starts with the identification of needs and Marks: 2
ends when the useful life of the asset is over.
Question ID:
5221324

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1 TRUE

2 FALSE
Q.27 Efficiency of the procurement process can be enhanced by the effective use of Marks: 2
financial resources and the systematic procedures
Question ID:
5221325

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1 TRUE

2 FALSE

Q.28 Subsequent to determination of the requirements, which is the next stage. Marks: 2
Question ID:
5221326

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1 selection phase

2 Special phase

3 Serial phase

4 Filtering phase
Q.29 In which process only a few companies are invited to submit bids for a project? Marks: 2
Question ID:
5221327

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1 Remote bidding

2 Minimum bidding

3 restrictive bidding

4 Marginal bidding

Q.30 What are potential suppliers/service providers who express an interest in a public Marks: 2
contract opportunity required to submit?
Question ID:
5221328

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1 Selection Questionnaire

2 Sequential Questionnaire

3 Systematic Questionnaire

4 Serial Questionnaire
Q.31 Which type of bidding is used for complex projects where information is inadequate or Marks: 2
impossible to provide in the initial stage?
Question ID:
5221329

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1 menial-stage bidding

2 intricate-stage bidding

3 two-stage bidding

4 multi-tier stage bidding

Q.32 Which proposal will be opened only after a complete evaluation of the technical Marks: 2
proposal?
Question ID:
5221330

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1 formative

2 operational

3 financial

4 major
Q.33 The materials or services are procured fairly in the specified quantities within Marks: 2
competitive prices as outlined under which framework.
Question ID:
5221331

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1 deemed

2 authentic

3 legalised

4 contractual

Q.34 What involves continuously reviewing and managing the terms of the contract in the Marks: 2
procurement process to ensure that the outcome(s) that were promised are actually
delivered by suppliers and/or partners?
Question ID:
5221332

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1 Contract management

2 Strategic management

3 Partner management

4 Relation management
Q.35 Which of the following is a project management tool that is used to manage Marks: 2
stakeholders by documenting problems, gaps, inconsistencies or conflicts faced by
stakeholders?
Question ID:
5221333

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1 issue log

2 complain log

3 daily log

4 operation log

Q.36 Which logs are used for recording changes and their impact on goals and deliverables Marks: 2
of goods?
Question ID:
5221334

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1 issue log

2 change log

3 register log

4 routine log
Q.37 Which of the following are the main objectives of various procurement policies under Marks: 2
good governance?
Question ID:
5221335

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1 efficiency

2 responsibility

3 economy

4 all of these

Q.38 Name the body established for monitoring the process of procurement. Marks: 2
Question ID:
5221336

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1 Public Procurement Board

2 Public Transparency Board

3 Operation Procurement Board

4 Public Monitoring Board

Q.39 Which of the following method can be used for working out the present status and the Marks: 2
activities required for the procurement process?
Question ID:
5221337

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1 SWOT analysis

2 Pest analysis

3 Maslow analysis

4 Market analysis

Q.40 What serves as a formal contract between a private party and a government agency Marks: 2
for providing public services or goods?
Question ID:
5221338

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1 Privy partnership

2 Public private partnership

3 Discreet partnership

4 Amalgamation
Q.41 What helps the management in controlling the processes to handle risks, for smooth Marks: 2
operations of the company?
Question ID:
5221339

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1 directing

2 Planning

3 organising

4 team building

Q.42 Most trends are tied with which of the following and business organisations need to Marks: 2
adapt to.
Question ID:
5221340

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1 Consumer need

2 technology

3 consumer behaviour

4 demography
Q.43 Which of the following are important features of emerging market economies? Marks: 2
Question ID:
5221341

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1 Per capita income

2 Economic growth

3 Market exchange

4 all of these

Q.44 Which of the following is a process-driven approach that is used by a group of people Marks: 2
for the activities of procurement?
Question ID:
5221342

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1 Public-based procurement

2 Demand-based procurement

3 Community-based procurement

4 Need-based procurement
Q.45 Sustainable economic development by initiating the conservation of the environment Marks: 2
for future generations in the public procurement process is known as:
Question ID:
5221343

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1 environmental conditions

2 green public procurement

3 environmental conservation.

4 environment friendly

Q.46 Expand the term GTE Marks: 2

Question ID:
5221344

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1 Global Tendency Enquiry

2 Global Tenor Enquiry

3 Global Tender Energy

4 Global Tender Enquiry

Q.47 Expand the term NSIC Marks: 2
Question ID:
5221345

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1 New Small Industries Corporation

2 National Sealing Industries Corporation

3 National Small Industries Corporation

4 National Small Independent Corporation

Q.48 Which of the following meand can be used by bidders to deposit bid security? Marks: 2
Question ID:
5221346

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1 Fixed deposit receipt

2 Online payment

3 Bank guarantee

4 all of these
Q.49 Bid security usually remains valid for how many days after the expiry of the final bid Marks: 2
validity period.
Question ID:
5221347

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1 45

2 60

3 90

4 180

Q.50 Marks: 2
The selection service providers for the provision of goods, works, and services is a
simple task.
Question ID:
5237576

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1 TRUE

2 FALSE