CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which ministry signed Rs 2, 580 crores of contracts to boost Make in India?
A
Ministry of FInance
B
Ministry of Health
C
Ministry of Defence
D
None of these
Explanation: 

Detailed explanation-1: -Ministry of Defence signed ₹2, 580 crore contract with BEML Limited, Tata Power SED and Larsen & Toubro on 31 August 2020 to supply six Pinaka regiments with 70% indigenous content by 2024.

Detailed explanation-2: -The RFP was issued in September end and bids have to be submitted by December. The Army’s order has to be executed over a period of eight years. The estimated cost of a single Pinaka rocket is around Rs 35 lakh. Solar Group will become the first private company to be supplying the rockets to the Army.

Detailed explanation-3: -The six Pinaka regiments on order by the army include 114 launchers with automated gun aiming and positioning system and 45 command posts and the project has more than 70% indigenous content.

Detailed explanation-4: -Keeping in mind, the role of providing active support and the selfless devotion and dedication to service that traditionally assigned duties of the Corps call for “SEVA ASMAKAM DHARMA” was adopted as the motto of the Corps.

There is 1 question to complete.