Current Affairs · Defence Economics
Which factor primarily poses a constraint on the modernization and expansion efforts of India's defence sector?
- 1The total prohibition of foreign direct investment in private firms
- 2The absolute absence of domestic private manufacturers
- 3A complete ban on technology transfers from foreign OEMs
- 4Defence expenditure historically staying under 2% of national GDP✓
Correct answer
Defence expenditure historically staying under 2% of national GDP
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