CURRENT AFFAIRS

2021

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Government of India has set up how many new Defence PSUs to restructure Ordnance Factory Board (OFB) into a 100 percent Government-owned entity?

A	9
B	5
C	7
D	6

Explanation:

Detailed explanation-1: -NEW DELHI : Prime Minister Narendra Modi on Friday dedicated the seven defence public sector undertakings (PSUs), created through the restructuring of the Ordnance Factory Board (OFB), to the nation, at a function organized by the ministry of defence.

Detailed explanation-2: -It was mentioned that all existing factories and employees will become a part of these seven PSUs.

Detailed explanation-3: -DEFENCE PUBLIC SECTOR UNDERTAKINGS: There are sixteen Central Public Sector Undertakings under the administrative control of the Department of Defence Production, Ministry of Defence.

Detailed explanation-4: -Seven new defence companies, carved out of Ordnance Factory Board (OFB), were dedicated to the Nation at a function organised by Ministry of Defence on the occasion of ‘Vijayadashami’ in New Delhi on October 15, 2021. Prime Minister Shri Narendra Modi delivered a video address during the event.

Detailed explanation-5: -The profit-making entities were India Optel Ltd (Rs 60 crore), Armoured Vehicles Nigam Ltd (Rs 33 crore), Munitions India Ltd (Rs 28 crore), Troop Comforts Ltd (Rs 26 crore), Advanced Weapons and Equipment India Ltd (Rs 4.8 crore) and Gliders India Ltd (Rs 1.3 crore).

There is 1 question to complete.