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M Question 1 |
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| Consider the following statements with respect to Emergency Procurement (EP) mechanism: 1. It allows the armed forces to bypass standard procurement timeline for urgent military needs. 2. Financial limits are set for each procurement cycle, allowing the military to negotiate directly. 3. Contracts under this are required to be finalised within 40 days and completed within a year. Which of the statement(s) given above is/are correct? (a) 3 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2 and 3 | |
Correct Answer : Option d
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