CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the estimated cost for the 200 helicopters that India has planned to buy from Russia under the Inter-Governmental Agreement (IGA)?
A
$1 billion
B
$5 billion
C
$10 billion
D
$100 billion
Explanation: 

Detailed explanation-1: -In 2015, India and Russia concluded an Inter-Governmental Agreement (IGA) for 200 Ka-226T helicopters estimated to cost over USD 1 billion. The Kamov-226T is meant to replace the ageing and obsolete Cheetah and Chetak fleets of the Indian Army and the Air Force.

Detailed explanation-2: -NEW DELHI-India has halted negotiations with Russia for the former to acquire 10 Kamov Ka-31 airborne early warning helicopters for $520 million, following uncertainties in arms supplies amid Russia’s invasion of Ukraine.

Detailed explanation-3: -The Mi-17V5 is produced and manufactured in Kazan, a city in southwest Russia. It is a modern military transport helicopter used by the Indian Air Force.

Detailed explanation-4: -The price for the 200 copters would be around $4 billion (Rs 28, 000 crore approximately), sources said. This would also include transfer of 50% technology, including structure of the copter, its blades and landing gear, all important for metallurgy and transfer of technology.

Detailed explanation-5: -India has halted negotiations with Russia for the former to acquire 10 Ka-31 (NATO codename: Helix) airborne early warning helicopters for $500 million.

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