CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Indian PSU has been featured on the world’s top 100 arms producers in 2017?
A
Indian Ordnance Factories
B
Hindustan Aeronautics
C
Bharat Electronics
D
Bharat Dynamics
Explanation: 

Detailed explanation-1: -In 2017, a fourth defence PSU Bharat Dynamics Limited broke into the top-100 with arms sales of $ 880 million.

Detailed explanation-2: -The Stockholm International Peace Research Institute has noted that three Indian companies that rank among the top-100 defence companies, viz., Hindustan Aeronautics Limited, AVANI and Bharat Electronics Limited, account for 1.2% of the defence exports of the top-100 total.

Detailed explanation-3: -PSU stands for Public Sector Undertakings in India and these are government-owned corporations. These Public sector companies represents the ‘Group of Companies’, owned by the union government of India, or one of the many states or territorial governments, or both.

There is 1 question to complete.