CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many crores DAC Approves Capital Acquisition Proposals?
A
3, 687 crores
B
4, 500 crores
C
2, 750 crores
D
1, 520 crores
Explanation: 

Detailed explanation-1: -A meeting of Defence Acquisition Council (DAC), held on January 10, 2023 under the chairmanship of Raksha Mantri Shri Rajnath Singh, accorded Acceptance of Necessity (AoN) for three capital acquisition proposals, amounting to Rs 4, 276 crore.

Detailed explanation-2: -The DAC has approved the AoNs for the Indian Army to get equipment and platforms including the long awaited FICV, Mounted Gun systems (MGS), Light Tanks that are required to be deployed in difficult terrain in the Western sector. These platforms and equipment are expected to help the Army’s operational preparedness.

Detailed explanation-3: -DAC is the highest decision-making body in the Defence Ministry for deciding on new policies and capital acquisitions for the three services – Army, Navy and Air Force, and the Indian Coast Guard. The Defence Acquisition Council is headed by the Defence Minister.

Detailed explanation-4: -Acceptance of Necessity (AoN) The projected requirement must be related to an operational situation foreseen as imminent or for a situation where a crisis has emerged without prior warning.

Detailed explanation-5: -The composition of the DAC is as follows: Defence Minister: Chairman. Minister of State for Defence: Member. Chief of Army Staff: Member.

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