Correct option is A
The correct answer is (a) ₹10,000
Explanation:
• As per Government e-Marketplace (GeM) procurement guidelines, goods or services can be purchased directly without quotations up to ₹10,000.
• The competent authority must record a certificate that the purchase meets requirements and represents reasonable quality and price.
• This rule promotes efficiency for small-value procurements.
Information Booster:
• Purchases ₹10,001–₹25,000 require comparison from at least 3 suppliers on GeM.
• Purchases above ₹25,000 need competitive bidding or reverse auction.
• GeM was launched in 2016 under the Ministry of Commerce and Industry.
• It ensures transparency, efficiency, and economy in public procurement.
• GeM operates under the Directorate General of Supplies and Disposals (DGS&D) framework initially, later fully digitized.