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Consider the following statements:1. In India, government procurement is estimated to constitute about 30% of GDP with the central government accounting for a major chunk.2. The Finance Ministry (Expenditure Department) has recently drafted a model tender document for public procurement by all central government departments.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements:1. In India, government procurement is estimated to constitute about 30% of GDP with the central government accounting for a major chunk.2. The Finance Ministry (Expenditure Department) has recently drafted a model tender document for public procurement by all central government departments.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. In India, government procurement is estimated to constitute about 30% of GDP with the central government accounting for a major chunk.2. The Finance Ministry (Expenditure Department) has recently drafted a model tender document for public procurement by all central government departments.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

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