Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 179)

2024-03-30 Economy

179.

What is the Gross Merchandise Value (GMV) achieved by the Government e-Marketplace (GeM)?

₹4 Lakh Crore

₹2 Lakh Crore

₹6 Lakh Crore

₹8 Lakh Crore

Answer: Option

Explanation:

Government e Marketplace (GeM) has achieved a remarkable GMV of ₹4 lakh crore in fiscal year 2023-24, doubling from the previous year. This growth highlights the platform's significant procurement of services and its plans for potential expansion, including opening the portal for consumer use and enhancing services.