Tender

MCQ in English

1. The finance member of the tender committee in case of tender value of Rs. 1.5 crores is
   (a) FA&CAO/WST (b) Dy.FA&CAO (c) Sr.AFA (d) AFA
   Ans. b
2. As soon as the offer of the tenderer is accepted, the contractor has to deposit SD(in case of store)
   (a) Within 30 days of the posting of written notice of acceptance (b) Within 25 days of receipt of the communication (c) Within 21 days of receipt of the communication (d) Within 14 days of the posting of written notice of acceptance
   Ans.  d
3. Offers received after closing of tender box, but before opening of tenders , are called
   (a) Late Tenders (b) Delayed Tenders (c) Limited Tenders (d) Open Tender
   Ans. b
4. A firm has entered into a contract with Railway to supply an item free off any cost. In the eye of Law
   (a) Penalty can be imposed on firm in case of failure in supply (b) Contract is not enforceable. (c) Contract is enforceable, but penalty cannot be imposed (d) Firm should be considered in future based on supply contract
   Ans. b
5. As per IRS Terms & Conditions Arbitration Clause, who should appoint arbitrator in case of dispute in contracts entered into by Production Units
   (a) Member of the Railway Board (b) High Court (c) PCMM (d) GM
   Ans. d
6. As per Arbitration& Reconciliation Act 1996 and Arbitration &Reconciliation Amendment Act 2015, annual rate of interest on award amount after the date of award is--------
   (a) 12% (b) 8% (c) 2% more than the prevailing rate of interest as per date of award. (d) Dependent on prevailing bank rate.
   Ans. c
7. All charges for maintenance and repairs after opening of the line for traffic are accounted under head:
   (a) Capital (b) DRF (c) OLW (d) Ordinary Revenue
   Ans. d
8. Registration of firm is treated as provisional until the firm
   (a) has executed satisfactorily one order  (b) has secured one order (c)  has received one tender (d) All of the above
   Ans. a
9. Special limited tender is one where
   (a) Number of firms is just one  (b) Purchase value is high but Limited tender is issued (c)  Purchase must be restricted from few firms (d) Tender is issued by Registered post
   Ans. b
10. When the firms are selected and tender enquiry is sent to them, it is a case of
    (a) Open tender (b) Limited tender (c) Bulletin tender (d) Global tender
    Ans. b
11. Processing of a tender case after the opening of tenders depends on –
    (a) Estimated value of purchase (b) Value of the case as per highest offer (c) Value of the case as per lowest offer (d) None of the above
    Ans. c
12.  In Indian Railways the case is to be dealt by tender committee, when it is a case of
    (a) Open tender (b) Limited tender (c) Bulletin tender (d) High value tender more than 50 lakhs
    Ans. d
13. For working out EMD, the same shall be rounded off to _____
    A. Rs.10 B. Rs.1000 C. Rs.5 D. Rs.100
    Ans.d
14.