StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

Consider the following statements regarding Government e-Marketplace (GeM): 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? A) 1 and 2 only B) 2 and 3 only C) 1, 2 and 3 D) 1 and 3 only

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1, 2 and 3
  4. 1 and 3 only

Correct answer: 1 and 3 only

Solution

Statement 1 is correct because GeM is designed to improve transparency, efficiency, and speed in public procurement. Statement 2 is incorrect because GeM is under the Ministry of Commerce and Industry, not Agriculture. Statement 3 is correct as sellers must provide the country of origin for new products.

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