Most Important & Most Repeated MCQs

  • 03
  • 04
  • 05
  • 06
  • c
  • There are five types of Pension:
    Compensation Pension
    Invalid Pension
    Superannuation Pension
    Retiring Pension
    Family Pension

  • Budgeting
  • Management
  • Accounting
  • All of these
  • c
  • Its Definition of Accounting.

  • LIFO
  • FIFO
  • Weighted Average Method
  • None of the Above
  • a
  • There are three methods of store inventory, which are:
    LIFO (Last in First Out)
    FIFO (First in First Out)
    Weighted Average Method

  • Privately
  • Friendly
  • Publically
  • Nonce of these
  • c
  • Packages
  • Envelops
  • Both A & B
  • Nonce of these
  • a
  • Bid Package mean:
    An invitation to bid
    Copy of the proposal construction contract
    A form of bid guarantee with 5% actual cost
    All Construction Plans

  • 5 days
  • 10 days
  • 15 days
  • 20 days
  • c
  • According to Procurement Rule 2014, There is 15 days response time for a bidder in case of national level bid and 30 days time for international level bid.

  • 2.5%
  • 5%
  • 10%
  • 15%
  • b
  • The bidder will pay the 5% security of the estimated cost.
    It is defined in Punjab Procurement Rules 2014 in Rule 27.

  • 03
  • 04
  • 05
  • 06
  • a
  • Request for Information (RFI)
    Request for Quotation (RFQ)
    Request for Proposal (RFP)