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With reference to the Government e-Marketplace, consider the following statements:
- It aims to facilitate the procurement of goods and services by government ministries and departments.
- It was developed by the Ministry of Power.
Which of the statements given above is/are correct?
- a)1 Only
- b)2 Only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
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With reference to the Government e-Marketplace, consider the following...
Government e-Marketplace (GeM)
Introduction:
Government e-Marketplace (GeM) is an online platform launched by the Government of India to facilitate the procurement of goods and services by government ministries and departments. It is a comprehensive e-commerce platform that aims to streamline the government procurement process and promote transparency, efficiency, and cost-effectiveness.
Statement Analysis:
1. It aims to facilitate the procurement of goods and services by government ministries and departments.
This statement is correct. GeM was specifically developed to simplify the procurement process for government entities. It provides a single platform for all government buyers to purchase goods and services, eliminating the need for multiple vendors and lengthy paperwork. GeM offers a wide range of products and services, including IT equipment, office supplies, vehicles, software, consultancy services, and more.
2. It was developed by the Ministry of Power.
This statement is incorrect. GeM was not developed by the Ministry of Power. It was developed by the Department of Commerce, Ministry of Commerce and Industry, Government of India. The Ministry of Power does not have a direct role in the development or management of GeM.
Therefore, the correct answer is option 'a) 1 Only' as the first statement is correct, but the second statement is incorrect.
Benefits of GeM:
- Transparency: GeM promotes transparency by providing a single platform for all government procurement transactions. It allows buyers to view detailed product specifications, prices, and seller ratings, enabling them to make informed purchasing decisions.
- Efficiency: GeM automates various aspects of the procurement process, such as vendor registration, bid submission, and order processing. This reduces the time and effort required for procurement activities and improves overall efficiency.
- Cost-effectiveness: GeM aims to ensure competitive pricing by facilitating price comparison among different vendors. It also eliminates intermediaries, reducing procurement costs and ensuring better value for money.
- Ease of Use: GeM offers a user-friendly interface and intuitive features, making it easy for government buyers to navigate and make purchases. It also provides training and support to buyers and sellers to enhance their experience on the platform.
- SME Empowerment: GeM promotes the participation of small and medium enterprises (SMEs) by providing them with a level playing field to compete with larger vendors. This opens up opportunities for SMEs to supply goods and services to the government.
- Compliance: GeM ensures compliance with government procurement rules and regulations. It provides a standardized procurement framework, reducing the risk of malpractices and corruption in the procurement process.
Conclusion:
Government e-Marketplace (GeM) is an online platform developed by the Department of Commerce, Ministry of Commerce and Industry. It aims to facilitate the procurement of goods and services by government ministries and departments. GeM offers several benefits, including transparency, efficiency, cost-effectiveness, and SME empowerment.
Introduction:
Government e-Marketplace (GeM) is an online platform launched by the Government of India to facilitate the procurement of goods and services by government ministries and departments. It is a comprehensive e-commerce platform that aims to streamline the government procurement process and promote transparency, efficiency, and cost-effectiveness.
Statement Analysis:
1. It aims to facilitate the procurement of goods and services by government ministries and departments.
This statement is correct. GeM was specifically developed to simplify the procurement process for government entities. It provides a single platform for all government buyers to purchase goods and services, eliminating the need for multiple vendors and lengthy paperwork. GeM offers a wide range of products and services, including IT equipment, office supplies, vehicles, software, consultancy services, and more.
2. It was developed by the Ministry of Power.
This statement is incorrect. GeM was not developed by the Ministry of Power. It was developed by the Department of Commerce, Ministry of Commerce and Industry, Government of India. The Ministry of Power does not have a direct role in the development or management of GeM.
Therefore, the correct answer is option 'a) 1 Only' as the first statement is correct, but the second statement is incorrect.
Benefits of GeM:
- Transparency: GeM promotes transparency by providing a single platform for all government procurement transactions. It allows buyers to view detailed product specifications, prices, and seller ratings, enabling them to make informed purchasing decisions.
- Efficiency: GeM automates various aspects of the procurement process, such as vendor registration, bid submission, and order processing. This reduces the time and effort required for procurement activities and improves overall efficiency.
- Cost-effectiveness: GeM aims to ensure competitive pricing by facilitating price comparison among different vendors. It also eliminates intermediaries, reducing procurement costs and ensuring better value for money.
- Ease of Use: GeM offers a user-friendly interface and intuitive features, making it easy for government buyers to navigate and make purchases. It also provides training and support to buyers and sellers to enhance their experience on the platform.
- SME Empowerment: GeM promotes the participation of small and medium enterprises (SMEs) by providing them with a level playing field to compete with larger vendors. This opens up opportunities for SMEs to supply goods and services to the government.
- Compliance: GeM ensures compliance with government procurement rules and regulations. It provides a standardized procurement framework, reducing the risk of malpractices and corruption in the procurement process.
Conclusion:
Government e-Marketplace (GeM) is an online platform developed by the Department of Commerce, Ministry of Commerce and Industry. It aims to facilitate the procurement of goods and services by government ministries and departments. GeM offers several benefits, including transparency, efficiency, cost-effectiveness, and SME empowerment.
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With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Government e-Marketplace, consider the following statements: It aims to facilitate the procurement of goods and services by government ministries and departments. It was developed by the Ministry of Power.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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