Knowledge Booster: GCC For Services Edition (23 Aug 2026)
Welcome to today's GCC For Services Knowledge Booster! We've handpicked 10 essential questions from our database to help you sharpen your skills. Dive in and test your knowledge!
Q1. Service Contracts - Acceptance power of GM is _________________ सेवा अनुबंध - जीएम की स्वीकृति शक्ति _________________ है
- A) Up to Rs. 500 Crores
- B) Up to Rs. 1000 Crores
- C) Unlimited Powers
- D) None of these
Correct Answer: Unlimited Powers
Explanation: Explanation : Source: Railway Board Letter No.2023/F(X)II/PW/1 dated 27.12.2023 Click for the Letter Service Contracts - Delegation of Powers of Acceptance स्रोत: रेलवे बोर्ड पत्र संख्या 2023/एफ(एक्स)II/पीडब्ल्यू/1 दिनांक 27.12.2023 पत्र के लिए क्लिक करें सेवा अनुबंध - स्वीकृति की शक्तियों का प्रत्यायोजन भर्ती निविदाएँ - अध्यक्ष आरआरबी सीएचओडी की शक्तियों का प्रयोग कर सकते हैं (अर्थात, 500 करोड़ रुपये तक) Recruitment Tenders - Chairman RRB can exercise the powers of CHOD (i.e., up to Rs. 500 Crores) Monetary Values जीएम Accepting Authority
Q2. Services - EMD is exempted for _____________ सेवाएँ - ईएमडी को _____________ के लिए छूट दी गई है
- A) MSEs (Micro & Small Enterprises) recognized by Ministry of MSME (Micro, Small & Medium Enterprises)
- B) Startups recognized by DIPP (Department of Industrial policy & Promotion )
- C) Both of the above
- D) None of the above
Correct Answer: Both of the above
Explanation: Explanation : Exemption for Submission of EMD as well as the cost of Tender form (Bid) 1. MSEs registered with: A. District Industries Centres. B. Khadi & Village Industries Commission. C. KVIB - Khadi & Village Industries Board. D. NSIC - National Small Industries Corporation. E. Directorate of Handicraft & Handloom. 2. Any other body specified by the Ministry of MSME ईएमडी जमा करने के साथ-साथ निविदा प्रपत्र (बोली) की लागत से छूट 1. एमएसई यहां पंजीकृत हैं: ए. जिला उद्योग केंद्र। B. खादी एवं ग्रामोद्योग आयोग। सी. केवीआईबी - खादी एवं ग्रामोद्योग बोर्ड। डी. एनएसआईसी - राष्ट्रीय लघु उद्योग निगम। ई. हस्तशिल्प एवं हथकरघा निदेशालय। 2. एमएसएमई मंत्रालय द्वारा निर्दिष्ट कोई अन्य निकाय 3. “STARTUPS” by the Department for Promotion of Industries and Internal Trade. (DPIIT)
Q3. Service Contracts: Performance guarantee at a rate of _______ of the contractual value shall be deposited by the successful bidder. सेवा अनुबंध: सफल बोलीदाता द्वारा संविदात्मक मूल्य के _______ की दर पर प्रदर्शन गारंटी जमा की जाएगी।
- A) 5 %
- B) 20 %
- C) 2 %
- D) 10 %
Correct Answer: 5 %
Explanation: Explanation : There is no provision of Security Deposit in Service Contracts. PG - Performance Guarantee: A. 5 % of the Contract Value. (from 24th May 2024 onwards. Earlier it was 10%) B. 4 separate parts i.e., each 1.25 % of the Contract Value C. Due period: 30 days from the LOA. D. 60 days - If the Contractor fails to furnish after 60 days from the LOA, a notice will be served to the Contractor to pay the same within 90 days from LOA. E. 60th day is Bank Holiday or office closure, the next working should be considered as the last day for submission of PG. F. 15% per annum - Penal Interest - 31st day to the Day of submitting PG. The consequences of failure to submission of PG within 90 days are: A. Forfeit of EMD. B. Forfeit of other dues. C. They are debarred from participating in re-tender for that work. D. The decision of the Authority of signing the Contract Agreement is final.
Q4. Services: JV (Joint Venture) Firms as bidder – Which of the following statements is incorrect ? सेवाएँ: बोलीदाता के रूप में जेवी (संयुक्त उद्यम) फर्म - निम्नलिखित में से कौन सा कथन गलत है?
- A) Lead Member should be holding of above 51%
- B) If JV includes Foreign Members, the Lead Member have to be Indian only
- C) If JV is up to 3 Members, other member’s share is above 20%
- D) If JV is more than 3 Members, other member’s share is above 15%
Correct Answer: If JV is more than 3 Members, other member’s share is above 15%
Explanation: Explanation : D. If JV is more than 3 Members, other member’s share is above 15% (Incorrect) The Correct one is above 10%
Q5. Services & Risk and Cost: Which of the following statements is Incorrect ? सेवाएँ और जोखिम और लागत: निम्नलिखित में से कौन सा कथन गलत है?
- A) PG shall be forfeited, whenever the Contractor abandons the Work.
- B) Forfeited PG encashed immediately if the Contractor abandons the Work
- C) Balance work shall be got done independently without the risk & cost of the failed contractor
- D) The Failed contractor is debarred for a period of 1 year from the date of such abandonment from participating the Bid.
Correct Answer: The Failed contractor is debarred for a period of 1 year from the date of such abandonment from participating the Bid.
Explanation: Explanation : The correct one is 2 Years सही उत्तर 2 वर्ष है
Q6. Services - If the value of Contract decreases by more than 25% of the original contract value, _______ सेवाएँ - यदि अनुबंध का मूल्य मूल अनुबंध मूल्य के 25% से अधिक घट जाता है, तो _______
- A) PG amounting to 5 % of the decrease in the contract value shall be returned to the contractor.
- B) PG amounting to 10% of the decrease in the contract value shall be returned to the contractor.
- C) Performance guarantee amounting to 10% of the decrease in the contract value shall be adjusted as Security Deposit
- D) Performance guarantee amounting to 10% of the decrease in the contract value shall not be returned to the contractor.
Correct Answer: PG amounting to 5 % of the decrease in the contract value shall be returned to the contractor.
Explanation: Explanation : Nil. There is no provision of Security Deposit in Service Contracts. PG - Performance Guarantee: A. 5 % of the Contract Value. (from 24th May 2024 onwards. Earlier it was 10%) B. 4 separate parts i.e., each 1.25 % of the Contract Value C. Due period: 30 days from the LOA. D. 60 days - If the Contractor fails to furnish after 60 days from the LOA, a notice will be served to the Contractor to pay the same within 90 days from LOA. E. 60th day is Bank Holiday or office closure, the next working should be considered as the last day for submission of PG. F. 15% per annum - Penal Interest - 31st day to the Day of submitting PG. The consequences of failure to submission of PG within 90 days are: A. Forfeit of EMD. B. Forfeit of other dues. C. They are debarred from participating in re-tender for that work. D. The decision of the Authority of signing the Contract Agreement is final.
Q7. During the e-RA Electronic Reverse Auction process, bidders shall not be allowed to bid a rate _______ than the Lowest ______________ ई-आरए इलेक्ट्रॉनिक रिवर्स नीलामी प्रक्रिया के दौरान, बोलीदाताओं को न्यूनतम ______________ से _______ दर पर बोली लगाने की अनुमति नहीं होगी।
- A) Higher and IPO - Initial Price Offer
- B) Lower and IPO - Initial Price Offer
- C) Higher and FPO - Final Price Offer
- D) Lower and FPO - Final Price Offer
Correct Answer: Higher and IPO - Initial Price Offer
Explanation: Explanation : Since the Reverse auction adopted for buying the stores / services/ procurmenet of Works etc from the suppliers, it is always not allowed to higher the rate.
Q8. QCBS stands for ______________________ QCBS का मतलब ______________________ है QCBS का मतलब ______________________ है QCBS का मतलब ______________________ है
- A) Quality & Cost Based Standards
- B) Quality & Contract Based Selection
- C) Quotation & Cost Based Selection
- D) Quality & Cost Based Selection
Correct Answer: Quality & Cost Based Selection
Explanation: Explanation : QCBS - For consulting services, where the quality of consultancy is of prime concern such as Management counseling, feasibility studies, etc. A. QCBS Stands for Quality & Cost Based Selection. B. Applicable for Tenders valued - Rs. 50 Lakhs and above. D. The bid with the highest weighted combined score (Quality & Cost) shall be selected. E. Weightage of Technical parameters i.e., Non-financial parameters in no case should exceed ______ - 80 % C. The ratio of Quality & Cost is as follows: QCBS - परामर्श सेवाओं के लिए, जहां परामर्श की गुणवत्ता प्रमुख चिंता का विषय है जैसे प्रबंधन परामर्श, व्यवहार्यता अध्ययन, आदि। बी. मूल्य वाली निविदाओं के लिए लागू - रु. 50 लाख और उससे अधिक. C. गुणवत्ता एवं लागत का अनुपात इस प्रकार है:
Q9. Services: Minor value items & Variations – Which of the following statements is Incorrect ? सेवाएँ: मामूली मूल्य की वस्तुएँ और विविधताएँ - निम्नलिखित में से कौन सा कथन गलत है?
- A) Minor value item defined as an item whose Agreement value is less than 1% of the total Agreement Value.
- B) Permitted up to 100%
- C) Rate is Same as per Agreement
- D) Finance Concurrence required & approval of Contract signing authority
Correct Answer: Finance Concurrence required & approval of Contract signing authority
Explanation: Explanation : The correct answer is Finance Concurrence is not required. But approval of Contract signing authority is required. सही उत्तर वित्त सहमति की आवश्यकता नहीं है। लेकिन अनुबंध पर हस्ताक्षर करने वाले प्राधिकारी का अनुमोदन आवश्यक है।
Q10. e-RA Electronic Reverse Auction shall be the preferred method for Works and Services for Tenders valued more than ________ & ________ in each case respectively क्रमशः ________ और ________ से अधिक मूल्य के कार्यों और सेवाओं के लिए ई-आरए इलेक्ट्रॉनिक रिवर्स नीलामी पसंदीदा तरीका होगा।
- A) Rs. 10 Crores & Rs. 50 Crores
- B) Rs. 50 Crores & Rs. 10 Crores
- C) Rs. 10 Crores & Rs. 10 Crores
- D) Rs. 50 Crores & Rs. 50 Crores
Correct Answer: Rs. 50 Crores & Rs. 50 Crores
Explanation: Explanation : For Stores - Above Rs. 10 Crores
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