Exams › IBPS PO › General Awareness
As of March 2024, what was the Gross Merchandise Value (GMV) achieved by the Government e-Marketplace (GeM) during the financial year 2023–24 (FY24), reflecting a significant surge in public procurement?
- ₹2.01 Lakh Crore
- ₹3.5 Lakh Crore
- ₹4 Lakh Crore
- ₹4.5 Lakh Crore
Correct answer: ₹4.5 Lakh Crore
Solution
GeM reported a sharp rise in procurement during FY24. The GMV achieved was ₹4.5 lakh crore, which matches the latest reported figure in the question.
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