FIA Past Papers MCQs

FIA Superintedent Model Paper 2026  — 500 MCQs  (Page 36 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.

View Tests (30 MCQs each)
In the two stage bidding procedure, the bidders in the first stage submit:
  • Only a financial proposal
  • An expression of interest
  • A technical proposal without price
  • Both technical and financial proposals in separate envelopes
In two stage bidding, time allowed for submitting revised bids after changes in requirements shall not be less than:
  • 7 days for NCB and 15 days for ICB
  • 15 days for NCB and 30 days for ICB
  • 30 days for both
  • 10 days for NCB and 20 days for ICB
The two stage bidding procedure is adopted for:
  • Large and complex contracts where technically unequal proposals are likely
  • Procurement of standard items
  • Petty purchases
  • Procurements where price is the only criterion
Two stage two envelope bidding is used where:
  • Value is less than Rs. 3 million
  • Bids are evaluated on price alone
  • Only one supplier exists
  • Alternative technical proposals are possible, such as certain machinery or manufacturing plant
An unsolicited proposal is assessed by an assessment committee consisting of at least:
  • Three technical experts
  • The PAO alone
  • Five members including a PPRA nominee
  • Two technical experts and a finance officer
If the initiator of an unsolicited proposal does not accept the challenge to match the most advantageous bid, he:
  • Is blacklisted for six months
  • Forfeits bid security
  • Has right of refusal without forfeiture of bid security
  • Must pay the cost of advertisement
The procurement contract shall be awarded to the bidder with the most advantageous bid:
  • Within 15 days of technical evaluation
  • After approval of PPRA
  • Within 30 days of opening
  • Within the original or extended period of bid validity
Rule 38A relating to 'bid discount', inserted in 2020, was:
  • Restricted to ICB
  • Made mandatory for all procurements
  • Omitted in 2021
  • Expanded to allow discounts after opening
Under Rule 38B, a single responsive bid may be considered if it meets the criteria, EXCEPT that in case of pre-qualification proceedings:
  • A single bid shall not be entertained, except for unsolicited proposals
  • PPRA approval is required
  • Re-bidding is mandatory twice
  • A single bid is always accepted