Treasury Audit MCQs

By: Prof. Dr. Fazal Rehman | Last updated: May 29, 2025

1. : The Public Procurement Regulatory Authority (PPRA) was constituted under the:
(A) The Public Procurement Regulatory Authority Ordinance, 2001
(B) The Public Procurement Regulatory Authority Ordinance, 2002
(C) The Public Procurement Regulatory Authority Ordinance, 2004
(D) The Public Procurement Regulatory Authority Ordinance, 2008

2. : Means a tender, or an offer, in response to an invitation, by a person, consultant, firm, company, or an organization expressing their willingness to undertake a specified project task at a price:
(A) Bid
(B) Invitation to bid
(C) Contract
(D) Invitation to offer

3. : The person who submits a bid is termed as:
(A) Agent
(B) Bidder
(C) Contractor
(D) Supplier

4. : Misrepresentation of facts in order to influence a procurement process:
(A) Corrupt and fraudulent practices
(B) Fraud
(C) Undue influence
(D) Bad practices

5. : Means a person, firm, consultant, firm or company, or an organization who undertakes to supply goods, services, or works:
(A) Contractor
(B) Supplier
(C) Bidder
(D) None of these

6. : Natural calamities, disasters, accidents, war, and operational emergencies that create abnormal situations requiring prompt and immediate action to avoid damage are called:
(A) Emergency
(B) Threat
(C) Disturbance
(D) None of above

7. : A bid that most closely conforms to the evaluation criteria and other specified conditions in bidding documents and has the lowest evaluated cost is called:
(A) Lowest evaluated bid
(B) Highest evaluated bid
(C) Bid
(D) None of above

8. : Procurement of the same commodity from the same source without competition is called:
(A) Repeat orders
(B) Same order
(C) Lowest bid
(D) None of above

9. : Return for each rupee spent in terms of quality, timeliness, reliability, after-sale services:
(A) Value for money
(B) Money
(C) Return on investment
(D) Profit

10. : Procurement rules apply to all procurements made by procuring agencies of the Federal Government:
(A) Within Pakistan
(B) Outside Pakistan
(C) Within or outside Pakistan
(D) None of above

11. : Principle of procurement under the PPRA Rules, 2004:
(A) Procurements should be conducted in a fair and transparent manner
(B) The object of procurement should bring value for money
(C) The procurement process should be efficient and economical
(D) All of the above

12. : Whenever the PPRA Rules are in conflict with an obligation of the Federal Government arising out of an international treaty:
(A) The provisions of the PPRA rules should be followed
(B) The provisions of the international treaty should be followed
(C) The provisions of PPRA rules shall override the international treaty
(D) The discretion of the Public Procurement Regulatory Authority should be used

13. : Communication and documentation related to procurements of the Federal Government shall be in:
(A) Urdu language
(B) English language
(C) Urdu or English or both
(D) Local language

14. : In foreign countries, the procuring agency in the procurement process:
(A) May use local language
(B) May not use local language in any case
(C) May use local language
Answer: (A) May use local language

15. : Specification for procurement should be generic and should not include reference of:
(A) Brand names
(B) Model numbers
(C) Catalogue numbers
(D) All of above

16. : Which of the following is more appropriate statement specification rule for procurement does not apply on:
(A) Public sector concerns on the demand of its customers
(B) Public sector commercial concerns on the demand of its private customers
(C) Public sector commercial concerns based on their own discretions
(D) Public sector institutions on the demand of their suppliers

17. : Information regarding procurements over Rs. 2,000,000 may be obtained from:
(A) Authority’s Website
(B) Procurement Agency Website (if any)
(C) Print media
(D) All of the above

18. : Procurements shall be advertised on the authority website:
(A) Value of Rs. 100,000 to Rs. 200,000
(B) Value over Rs. 100,000 to Rs. 500,000
(C) Value over Rs. 2,000,000
(D) Value below Rs. 100,000

19. : Procurements shall be advertised on the authority website as well as in print media:
(A) Value of Rs. 100,000 to Rs. 500,000
(B) Value over Rs. 100,000 to Rs. 2,000,000
(C) Value over Rs. 2,000,000
(D) Value below Rs. 100,000

20. : All procurements over two million rupees:
(A) Shall be advertised on the Authority’s Website
(B) Shall be advertised on the Authority’s Website as well as in print media
(C) May be advertised on the Authority’s Website as well as in print media
(D) Shall be advertised in print media

21. : Procurements over two million rupees shall be advertised in:
(A) At least one national daily having wide circulation
(B) At least two national dailies having wide circulation
(C) At least three national dailies having wide circulation
(D) At least four national dailies having wide circulation

22. : Language of advertisement of procurement over two million rupees in newspapers (print media):
(A) All advertisements shall be in English language
(B) All advertisements shall be in Urdu language
(C) At least one should be in Urdu and one in English
(D) At least one local language should be used along with Urdu and English

23. : In case of national competitive bidding, minimum response time should be:
(A) 15 days
(B) 20 days
(C) 30 days
(D) 45 days

24. : In case of international competitive bidding, minimum response time should be:
(A) 15 days
(B) 20 days
(C) 30 days
(D) 45 days

25. : No time limit shall be applicable on procurement under the PPRA Rules, 2004:
(A) In case of international competitive bidding
(B) In case of emergency
(C) In case of national competitive bidding
(D) None of the above

26. : In Public Procurements, the two-stage two-envelope bidding method is preferred where:
(A) Alternative technical proposals are possible
(B) Technically unequal proposals are likely to be encountered
(C) Where the bids are to be evaluated on technical and financial grounds
(D) In all cases

27. : Which of the following is considered as the main open competitive bidding procedure in the Federal Government purchases?
(A) Single stage-one envelope procedure
(B) Single stage-two envelopes procedure
(C) Two-stage bidding procedure
(D) Two-stage two envelopes procedure

28. : Petty purchases method is used where the cost of the object of procurement:
(A) Is below the prescribed limit of Rs. 25,000
(B) Exceeds the prescribed limit of Rs. 25,000
(C) Is below the prescribed limit of Rs. 100,000
(D) Exceeds the prescribed limit of Rs. 100,000

29. : Quotation method of purchases is used where the cost of the object of procurement:
(A) Is below the prescribed limit of Rs. 25,000
(B) Exceeds the prescribed limit of Rs. 25,000
(C) Is below the prescribed limit of Rs. 100,000
(D) Exceeds the prescribed limit of Rs. 100,000

30. : Negotiating tender of procurement is used in case of:
(A) Intellectual property
(B) Procurement below Rs. 25,000
(C) Procurement below Rs. 100,000
(D) Repeat orders

31. : Which method of procurement is exempt from the requirements of bidding and quotations?
(A) Petty purchases
(B) Quotations method
(C) (a) and (b)
(D) Open competitive bidding

32. : In case of emergency, which procurement method is adopted?
(A) Petty purchases method
(B) Quotations method
(C) Negotiating tendering
(D) Direct contracting

33. : In case of quotations method, minimum quotations are required:
(A) Two
(B) Three
(C) Four
(D) Five

34. : In quotations method, the object of procurement should be purchased from the supplier:
(A) Offering the highest price
(B) Offering the lowest price
(C) Offering the standard price
(D) Offering the competitive price