According to the HIS Inc recently released report, what is the India’s position in defence spending?
According to the HIS Inc recently released report, what is the India’s position in defence spending?
[A]First
[B]Second
[C]Third
[D]Fourth
Fourth
India has become the world’s 4th largest spender on defence according to the US business research provider HIS Inc. According to IHS analysis, India’s defence budget 2016 has increased to 13.1% due to increase in military pay and the introduction of One Rank, One Pension (OROP).
