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Recently In June Defence Acquisition Council (DAC) approved acquisition Proposals of the Armed Forces amounting to ______________ under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.
  • a)
    Rs 36,000 crore.
  • b)
    Rs 76,390 crore
  • c)
    Rs 96,180 crore
  • d)
    Rs 26,390 crore
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Recently In June Defence Acquisition Council (DAC) approved acquisiti...
  • Defense Acquisition Council (DAC), in a meeting chaired by Raksha Mantri Shri Rajnath Singh on June 06, 2022, accorded Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.
  • This will provide a substantial boost to the Indian Defence Industry and reduce foreign spending significantly.
  • For the Indian Navy, the DAC accorded AoN for procurement of Next Generation Corvettes (NGC) at an estimated cost of approx. Rs 36,000 crore.
  • The DAC accorded AoNs for the manufacture of Dornier Aircrafts and Su-30 MKI aero-engines by the Navratna CPSE M/s Hindustan Aeronautics Limited with a focus on enhancing indigenization, particularly in indigenizing aero-engine material.
  • In pursuance of the Government’s vision for digital transformation in Defence, the ‘Digital Coast Guard’ project under the ‘Buy (Indian) Category has been approved by the DAC. Under this project, a pan India secure network for digitizing various surface and aviation operations, logistics, finance, and HR processes in Coast Guard will be established.
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Recently In June Defence Acquisition Council (DAC) approved acquisition Proposals of the Armed Forces amounting to ______________ under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.a)Rs 36,000 crore.b)Rs 76,390 crorec)Rs 96,180 crored)Rs 26,390 croree)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Recently In June Defence Acquisition Council (DAC) approved acquisition Proposals of the Armed Forces amounting to ______________ under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.a)Rs 36,000 crore.b)Rs 76,390 crorec)Rs 96,180 crored)Rs 26,390 croree)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Recently In June Defence Acquisition Council (DAC) approved acquisition Proposals of the Armed Forces amounting to ______________ under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.a)Rs 36,000 crore.b)Rs 76,390 crorec)Rs 96,180 crored)Rs 26,390 croree)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Recently In June Defence Acquisition Council (DAC) approved acquisition Proposals of the Armed Forces amounting to ______________ under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories.a)Rs 36,000 crore.b)Rs 76,390 crorec)Rs 96,180 crored)Rs 26,390 croree)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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