Which category does the Defence Acquisition Council (DAC) approve for the procurement of a new generation of anti-tank mines?
• The Defence Acquisition Council (DAC) accorded Acceptance of Necessity (AoN), the first step in the procurement process, for proposals worth ₹84,560 crore. • The proposals include some long-pending deals — such as for heavy weight torpedoes (HWT) for the Navy’s Scorpene-class submarines and flight refueller aircraft (FRA) for the Indian Air Force (IAF) — beginning afresh. • Other major deals include medium range maritime reconnaissance and multi-mission maritime aircraft for the Navy and the Coast Guard, new generation anti-tank mines, air defence tactical control radar, and software-defined radios. • The procurement of a new generation of anti-tank mines having seismic sensors and the provision of remote deactivation with additional safety features has been approved under Buy (Indigenously Designed, Developed and Manufactured category of Defence Acquisition Procedure (DAP) 2020. • The DAC has approved amendments in the DAP 2020 with respect to benchmarking and cost computation, payment schedule and procurement quantity.
The spot rate of USDINR on 1st January 2023 is 83.78. If the spot rate moves to 85.06 on 6th Sep 2023, which of the following is correct about the INR?
Depreciation is charged on __________ as per the ___________ of accounting.
In India, RBI gives permission to an entity to act as authorized dealers (AD) in foreign exchange. Commercial Banks fall under which category of ADs?...
Who is the new Managing Director and Chief Executive Officer (MD and CEO) of IndiaFirst Life Insurance?
Risk faced by financial institutions in which advancement of technology does not produce savings in cost is known as _____
JAM Trinity has played a significant role in the process of inclusive development in our country. Which of the following correctly describes JAM Trinity?
What is the rate of interest earned on CRR maintained by banks with RBI?
An Ordinary Non-Resident Account (NRO) can be opened with:
Which account in the BOP includes transactions related to currently produced goods and services?
What is the primary regulatory body responsible for overseeing financial institutions in Hong Kong?