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Home Questions & Answers General Knowledge Question Answers Which one of the following statements is incorrect?

    Which one of the following statements is incorrect?

  • India is third largest importer of the defence equipment
  • India meets more than 50% of its requirement of the defence equipment through imports
  • Defence Budget for 2015-16 accounts for less than 2% of GDP
  • Certain financial powers are delegated to Vice Chief of Army Staff for capital acquisitions

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