Question
What type of performance guarantee is given in case of
public tenders?ÂSolution
A Bid bond guarantee is a type of financial bank guarantee that ensures that the winning bidder undertakes the contract as per the terms of their winning bid. This is used in public tenders to ensure that a bidder will follow through with a contract if they are chosen for a tender. If the bidder does not start work on the project of the tender, the project owner can use the bid bond to cover costs and losses.
At which of the following places did the Indian Iron and Steel Company set up its first factory?
The proportion of the population below the poverty line is called the poverty ratio or __________.Â
Who among the following co-founded the Calcutta Unitarian Society and founded the Brahma Samaj?
Below are four pairs, each representing a state and a folk dance. Which pairing of state and folk dance is incorrect?
Which specific shocks were mentioned in the RBI Annual Report 2023 as contributing to the challenges faced by the global economy in 2022 and potentially...
Who won the Golden Lotus (Swarna Kamal) award for Best Direction for a Hindi film at the 70th National Film Awards for the year 2022?
Which of the following statements are correct about Swachh Bharat Mission - Urban?
A. It has an outlay of 1.41 Lakh crore and will be implemented...
In US Open 2022, the player that lost to Carlos Alcaraz is a _______ player.
Mohenjodaro site of Harappan civilisation is situated on the bank of which river?
Which of the following was the theme of World Water Day 2022?
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