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Question

In the context of GeM, what is the full form of ‘PAC’?

A Proprietary Article Certificate Correct Answer Incorrect Answer
B Procurement and Audit Committee Correct Answer Incorrect Answer
C Purchase Advisory Council Correct Answer Incorrect Answer
D Product Accreditation Committee Correct Answer Incorrect Answer

Solution

In the context of GeM, PAC stands for Proprietary Article Certificate. A PAC is a certificate issued by the authorized personnel of the buyer organization to confirm that the product being procured is a proprietary article and not available or manufactured by any other source. The PAC ensures that specific products can be procured exclusively from the identified source or manufacturer.

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