2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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6
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5
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Detailed explanation-1: -The United States was the top nation in terms of military expenditure, spending $801 billion to make up almost 38% of global military spending in 2021. America has been the top military spending nation since SIPRI began tracking in 1949, making up more than 30% of the world’s military spending for the last two decades.
Detailed explanation-2: -"However, as per data available on Stockholm International Peace Research Institute’s (SIPRI) website, India’s military spending for the year 2021 is ranked as third highest in the world, ” he said.
Detailed explanation-3: -Global military expenditure is estimated to have been $1917 billion in 2019, the highest level since 1988. The total was 3.6 per cent higher in real terms than in 2018 and 7.2 per cent higher than in 2010.