CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has approved approved 5.13 trillion yen ( $43.6 billion) in defence spending for the fiscal year starting in April 2017.
A
China
B
India
C
Indonesia
D
Japan
Explanation: 

Detailed explanation-1: -Japan’s military spending amounted to 5 . 4 trillion yen in 2022, which is about 1.24 per cent of GDP, Kyodo news agency reported.

Detailed explanation-2: -The cabinet’s nod for a 20-percent rise in military spending is a deviation from pacifist post-WWII self-defence policy. Japan will boost its defence budget for 2023 to a record 6.8 trillion yen ($55bn), or a 20-percent increase, in the face of regional security concerns and threats posed by China and North Korea.

Detailed explanation-3: -New Combat Capabilities What was more surprising was the number of missiles that Japan might buy. Considering that Japan’s 2023 defense budget has allocated $1.6 billion to buy the missiles and that the cost of each missile is about $2 million, Tokyo could purchase as many as 800 missiles.

Detailed explanation-4: -Russia’s expenditures on the war are rising rapidly. Military spending in 2022 was anticipated to reach 3.5 trillion rubles.

There is 1 question to complete.