Which organisation has announced in its annual report on the worlds 100 biggest armaments groups that the combined arms sales of Russian companies amounted to$ 37.7 billion in 2017, an 8.5 percent rise from a year earlier?

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which organisation has announced in its annual report on the world’s 100 biggest armaments groups that the combined arms sales of Russian companies amounted to$ 37.7 billion in 2017, an 8.5 percent rise from a year earlier?

A	SIPRI
B	IMF
C	World Bank
D	WTO

Explanation:

Detailed explanation-1: -Abhishek Mishra. Explanation: USA, with 39% share, retained its standing as the world’s largest arms exporters during 2017-21. Russia (19%), France (11%), China (4.6%) and Germany (4.5%) were among the top 5 largest exporters respectively.

Detailed explanation-2: -In 2021, Lockheed Martin was the world’s largest arms-producing and military services company, with arms sales amounting to over 60 billion U.S. dollars. Arms sales constituted almost 90 percent of total company sales in that year. Raytheon and Boeing followed on the places behind.

Detailed explanation-3: -A study by the Stockholm International Peace Research Institute has found that India stands at fourth position while China is way ahead of others in self-reliant defence production.

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