CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has topped the SIPRI Military Expenditure Database ranking for the year 2020?
A
China
B
United Kingdom
C
United States
D
Russia
Explanation: 

Detailed explanation-1: -As the world’s largest military spender, the USA accounted for 39 per cent of total military expenditure in 2020. This was the third consecutive year of growth in US military spending, following seven years of continuous reductions.

Detailed explanation-2: -India’s military spending of $76.6 billion ranked third highest in the world. This was up by 0.9 per cent from 2020 and by 33 per cent from 2012.

Detailed explanation-3: -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.

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