CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a big boost to the Centre’s ‘Make in India’ initiative, the Ministry of Defence has ordered Ordnance Factory Board, to supply Infantry Combat Vehicles of how much worth for the Indian army?
A
Rs 1, 094 crore
B
Rs 2, 094 crore
C
Rs 3, 094 crore
D
Rs 4, 094 crore
Explanation: 

Detailed explanation-1: -(a) Make-I (Government Funded). Projects involving design and development of equipment, systems, major platforms or upgrades thereof by the industry. For Projects under Make-I sub-category, MoD will provide fund support maximum upto 70% of the prototype Page 2 2 development cost, based on viability gap funding method.

Detailed explanation-2: -"There will be more than 400 equipment which will be bought only under Make in India (initiative). Imagine such a huge budget will strengthen the pillars of Indian companies, ” Modi said. Talking about the future opportunities in space, Modi said India will have to increase its preparations.

Detailed explanation-3: -Main objective of our defence policy is to protect our country from external threats. Through defence policy government make plans and policies for development and modernisation of our armed forces.

Detailed explanation-4: -The Armed Forces have four main tasks; To assert the territorial integrity of India. To defend the country if attacked by a foreign nation. To support the civil community in case of disasters (e.g. flooding).

There is 1 question to complete.