New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Can micro and small enterprises (MSEs) benefit from

    GeM?
    A No, GeM is only for large-scale enterprises. Correct Answer Incorrect Answer
    B Yes, MSEs are given priority and exclusive access to GeM. Correct Answer Incorrect Answer
    C GeM does not have any provisions for MSEs. Correct Answer Incorrect Answer
    D Yes, MSEs are encouraged to participate and have certain advantages. Correct Answer Incorrect Answer

    Solution

    Yes, MSEs are encouraged to participate and have certain advantages. GeM actively encourages the participation of micro and small enterprises (MSEs). They are provided with specific advantages, such as exemption from paying the bid security amount and relaxed turnover criteria. GeM aims to promote the growth and participation of MSEs in government procurement.

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