Chand is a young man working in the store and purchase section of a government office. All purchases are made through this section and it is his responsibility to see that things are done in the manner specified by higher authorities. One day Chand told his mother that he was planning to buy a bike. His mother was very happy. After a few days, she asked him what happened to his plans of buying a motor bike. Chand, tired form work, said, "Mother, first the indent has to be raised. Once the indent is approved, an NIQ (Notice Inviting Quotation) will be floated and a time period fixed. After the deadline the quotations will be opened. At least three quotations have to be there, else the NIQ will be floated again. After the approval of the committee, the bike can be purchased." The mother was shocked, "Son, what is this NIQ and three quotations?" Chand said, "Mother, this is what life has come to: raise the indent, float NIQ, open quotations, send the purchase orde...