Q
Bids quoted in different currencies are converted using the:
-
A
Rate on date of advertisement
-
B
Selling rate notified by the State Bank of Pakistan on the date of opening of bids
-
C
Buying rate on date of award
-
D
Average rate of previous month
Correct Answer:
B. Selling rate notified by the State Bank of Pakistan on the date of opening of bids
Explanation:
Rule 30(2).
