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    Question

    The Ministry of Defence, signed a landmark contract with

    Bharat Electronics Limited (BEL), for procurement of Electronic Fuzes for the Indian Army for a period of 10 years, at a total cost of __________ .
    A Rs.5336.25 crore Correct Answer Incorrect Answer
    B Rs.6128.12 crore Correct Answer Incorrect Answer
    C Rs.7891.34 crore Correct Answer Incorrect Answer
    D Rs.8451.56 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Ministry of Defence has signed a landmark contract with Bharat Electronics Limited (BEL), Pune for procurement of Electronic Fuzes for the Indian Army for a period of 10 years, at a total cost of Rs 5,336.25 crore.  This contract has been signed for ammunition procurement under ‘Manufacture of Ammunition for Indian Army by Indian Industry’, a Government initiative for long term requirement of 10 years.  The aim of the project is to build up ammunition stocks to minimise imports, achieve self-sufficiency in ammunition manufacturing, obtain critical technologies and secure stock affected by supply chain disruption.

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