Computer · Contracts and Tenders
While submitting a tender, the contractor is required to deposit a certain amount with the department as a guarantee of the tender, which is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Bank Guarantee
- 2EMD (Earnest Money Deposit)✓
- 3S.D. (Security Deposit)
- 4F.D. (Fixed Deposit)
Correct answer
EMD (Earnest Money Deposit)
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