Question

    Public procurement of goods and services by central

    government ministries and departments has crossed _______ via the business-to-government portal Government e-Marketplace.
    A Rs.2 lakh crore Correct Answer Incorrect Answer
    B Rs.3 lakh crore Correct Answer Incorrect Answer
    C Rs.4 lakh crore Correct Answer Incorrect Answer
    D Rs.6 lakh crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Public procurement of goods and services by central government ministries and departments has crossed Rs 4 lakh crore via the business-to-government portal Government e-Marketplace. While the portal took 1,771 days to reach Rs 1 lakh crore in gross merchandise value (GMV) since its launch in August 2016, the number of days taken to add another Rs 1 lakh crore GMV and cumulatively reach Rs 2 lakh crore was reduced by over 5.5x to 316 days.

    Practice Next

    Relevant for Exams: