ClearMains
Raksha Mantri Shri Rajnath Singh stated that India is striving to become a nation that combines prosperity, knowledge, and strength with a commitment to global peace and the well-being of humanity. He highlighted India's growth trajectory, including its contribution to global economic growth and its trade agreements with 38 countries. He also noted the country's progress in defence manufacturing and the growth of start-ups.
Quick Revision
Prelims-testable facts
Trap alerts
Mains Practice Question
Critically examine the role of defence exports in enhancing India's economic growth and global influence.
250 words
Practice this in the exam hall →Prelims Practice MCQs
Which ministry is responsible for defence production?
The Ministry of Defence is responsible for defence production, overseeing the country's defence manufacturing capabilities.
India has entered into Free Trade Agreements with how many countries?
India has entered into Free Trade Agreements with 38 countries, expanding its market access and trade opportunities.
What is the amount of India's foreign exchange reserves?
India's foreign exchange reserves have crossed US$700 billion.
Consider the following statements regarding Defence Exports and Production: 1. Defence exports have reached a record Rs 38,424 crore. 2. Defence production has surged to Rs 1.80 lakh crore. 3. The Ministry of Defence has increased its budget by 50% in the past year. How many of the above statements are correct?
Statement 1 is true because Defence exports have indeed reached a record Rs 38,424 crore (fact 6). Statement 2 is true because Defence production has surged to Rs 1.80 lakh crore (fact 7). Statement 3 is false because there is no information about the Ministry of Defence increasing its budget by 50% in the past year.