Question
How much procurement from MSEs is mandated under the
Public Procurement Policy?Solution
The Public Procurement Policy for MSEs mandates that 25% of the annual procurement by Central Ministries, Departments, and CPSEs must be sourced from MSEs. Within this 25%, 4% is reserved for MSEs owned by Scheduled Castes/Scheduled Tribes and 3% for women-owned MSEs. This policy fosters growth and opportunities for small enterprises, as evidenced by ₹82,431 crore worth of procurement from MSEs in 2023-24, benefiting 2,36,452 MSEs.
What is the appropriate method for calculating the cost of inventory when there are significant fluctuations in purchase prices?
Which among the following is not a type of treasury bill issued in India ?
Which of the following has the right to sell an asset at a predetermined price ?
HDFC Bank launched GIGA, a financial product designed for which group of individuals?
Observing changes in the financial variables across the years is:
Which of the following describes a mechanism to maintain stability in price after listing of securities?
If the price of a good increases while all other factors remain constant, what is most likely to happen according to the law of demand?
Where is the headquarter of SIDBI located?
The FSIB is responsible for recommending to the government the person for appointment to the Board of financial institutions. What is the full form of F...
What is the nominal value of the Sovereign Gold Bond Scheme 2023-24 - Series IV per gram of gold?
Relevant for Exams:
