Question

Which one of the following statements is incorrect?

A

India is the third largest importer of the defence equipments.

B

India meets more than 50% of its requirement of the defence equipments through imports.

C

Defence budget for 2015-16 accounts for less than 2% of the GDP.

D

Certain financial powers are delegated to the Vice-Chief of Army Staff for capital acquisitions.

Medium

Solution

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Correct option is
A

India is the third largest importer of the defence equipments.

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