Goods can be purchased without inviting quotations if the value of such goods does NOT exceed:
A. Rs. 10,000 on each occasion.
B. Rs. 15,000 on each occasion.
C. Rs. 50,000 in a quarter.
D. Rs. 1,00,000 during a year.
Answer:B
Goods can be purchased without inviting quotations if the value of such goods does NOT exceed:
A. Rs. 10,000 on each occasion. B. Rs. 15,000 on each occasion. C. Rs. 50,000 in a quarter. D. Rs. 1,00,000 during a year.