Defense · Defence Budget & Policy
Which macroeconomic factor is often cited as a key constraint on the capital modernization of India's defence forces?
- 1Defence spending accounting for under 2% of the national GDP✓
- 2Heavy dependence on imports from non-aligned nations
- 3Low total population compared to global standards
- 4Limiting foreign direct investment in defence to 10%
Correct answer
Defence spending accounting for under 2% of the national GDP
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