Government e Marketplace (GeM) has recently crossed ₹5 lakh crore in GMV 18 days before fiscal year-end, growing from ₹4 lakh crore in under 50 days. The nature of the Government E-Marketplace (GeM) can be best explained by which of the following statements?
1
It's a platform to only sell products.
2
It's an auction website for government assets.
3
It's an e-commerce portal where government agencies can procure goods and services.
4
It’s a trading exchange for factors of production.
5
None of the above