FIA Past Papers MCQs

FIA Superintedent Model Paper 2026  — 500 MCQs  (Page 34 of 50)

Practice FIA Past Papers MCQs with solved questions from real past exams. These MCQs cover FIA Superintedent Model Paper 2026 past papers and are ideal for candidates preparing for competitive exams.

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A blacklisted bidder engaged in an ongoing public contract:
  • May continue only with PPRA approval
  • Is automatically released from the contract
  • Shall be bound to perform its contractual obligations, at the option of the procuring agency
  • Must be terminated immediately
A bidder blacklisted by a foreign country or international organization shall be:
  • Allowed to bid after PPRA clearance
  • Debarred for ten years automatically
  • Unaffected in Pakistan
  • Treated as blacklisted in Pakistan for the period declared by that foreign body
The principal method of procurement of goods, services and works under the PP Rules is:
  • Two-stage bidding
  • Open competitive bidding
  • Direct contracting
  • Request for quotations
Open competitive bidding is required if the cost of the object is more than:
  • Rs. 3 million
  • Rs. 40,000
  • Rs. 100,000
  • The financial limit prescribed for request for quotations under Rule 42(b)(i), i.e., Rs. 500,000
For import of commodities to meet demand-supply gap under Rule 21A, the bidding procedure to be adopted is:
  • Single stage two envelope
  • Single stage one envelope
  • Two stage two envelope
  • Two stage
Bid security, where required, shall not exceed ______ of the estimated value of procurement.
  • Ten percent
  • Two percent
  • Five percent
  • Two and a half percent
Where the procuring agency does not require bid security, the bidder shall submit:
  • Nothing
  • A bid securing declaration on the format prescribed by the Authority
  • A performance guarantee
  • An integrity pact only
An extension of bid validity, where necessary, shall be for not more than:
  • Half of the original bid validity
  • The period equal to the original bid validity
  • Thirty days
  • Ninety days
Bidders who do NOT agree to extension of bid validity shall be:
  • Allowed to withdraw bids without forfeiture of bid security
  • Disqualified and their bid security forfeited
  • Blacklisted for six months
  • Required to reduce their price
Extension of time for submission of bids shall be done after recording reasons and advertised:
  • Only on the PPRA website
  • Only in one Urdu newspaper
  • In a manner similar to the original advertisement
  • By letters to known bidders