In regard to inventory management, all Ministries and Departments:
A. are required to follow the provisions of the Public Procurement Laws.
B. have the power to relax the rules prescribed in the General Financial Rules, 2005.
C. can lay down detailed instructions in conformity with the basic rules contained in the General Financial Rules, 2005.
D. have to follow the procedure prescribed by the Directorate General of Supplies and Disposal (DGS & D).
Answer:C
In regard to inventory management, all Ministries and Departments:
A. are required to follow the provisions of the Public Procurement Laws. B. have the power to relax the rules prescribed in the General Financial Rules, 2005. C. can lay down detailed instructions in conformity with the basic rules contained in the General Financial Rules, 2005. D. have to follow the procedure prescribed by the Directorate General of Supplies and Disposal (DGS & D).