CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who Launches Transparent and Efficient New Online Vendor Registration System?
A
Indian Railways
B
Indian Airways
C
Indian Navy
D
Indian Police
Explanation: 

Detailed explanation-1: -NEW DELHI: Indian Railways has launched a transparent vendor registration system that will allow small and medium enterprises to become a railway vendor. The system will be completely online and railways would have open electronic bidding for all items it procures.

Detailed explanation-2: -Vendor registration means a process a supplier uses to register with the Purchasing Division to receive solicitations for specified commodities for a specified period of time.

Detailed explanation-3: -Certificates such as sales tax in case of supply, PF registrations, Labour license and service tax registration in case of service & PAN number, Solvency certificate in the format of the Annexure-3, issued by any Nationalized Bank, also to be enclosed to the application form.

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