New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    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.

    Practice Next