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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India and Russia signed the S-400 air defence system deal. The amount sanctioned under the deal is____(approx).
A
$ 1 billion
B
$ 500 million
C
$ 2 billion
D
$ 5 billion
Explanation: 

Detailed explanation-1: -Saudi Arabia. In September 2009 the S-400 was reportedly part of a US$2 billion arms deal between Russia and Saudi Arabia. The Saudis wanted to acquire the more advanced S-400, but Russia was only willing to sell S-300 air defense system at the time. By November 2019 the deal had still not been finalized.

Detailed explanation-2: -The S-400 air defence system was contracted for by India in a deal worth around Rs 35, 000 crore and five squadrons would be provided to India for tacking air threats from up to 400 km.

Detailed explanation-3: -India has signed a deal worth over Rs 35, 000 crore to acquire five squadrons of the S-400 air defence missiles from Russia over three years and deliveries of all units are expected to get over by end of the next financial year.

Detailed explanation-4: -India and Russia have agreed to a three-year, more than ₹35, 000 crore deal for India to buy five squadrons of S-400 air defence missiles, and all deliveries are anticipated to be completed by the end of the following fiscal year.

There is 1 question to complete.