CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the rank of India as Arm importer according to the “Trends in international arms transfers 2019” report of Stockholm International Peace Research Institute (SIPRI) data?
A
3
B
34
C
2
D
12
Explanation: 

Detailed explanation-1: -India is ranked as the second largest importer of arms for its armed forces in 2016-20. India is highly dependent on imports of complete foreign major arms, including many produced under licence or as components for its domestic production.

Detailed explanation-2: -The report placed India at the top of the list. 85% of India’s overall imports were from three countries. Russia (46%), France (27%), and the USA (12%) were the top three largest exporters of arms to India during the period.

Detailed explanation-3: -However, India’s defense exports are still not upto the expected lines. The Stockholm International Peace Research Institute (SIPRI) ranked India at number 23 in the list of major arms exporters for 2015-2019. India still accounts for only 0.17% of global arms exports.

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