Question
What is the primary purpose of the C-295MW transport
aircraft received by the Indian Air Force from Airbus?Solution
The Indian Air Force received the first C-295MW transport aircraft from Airbus. IAF chief Air Chief Marshal V.R. Chaudhari formally received symbolic keys to the first aircraft at the Airbus facility in Seville, Spain. The 56 C-295 aircraft will replace the ageing Avro aircraft. Under the contract, 16 aircraft will come in fly-away condition from Seville while 40 will be manufactured by Airbus jointly with Tata Advanced Systems Ltd. (TASL). In September 2021, the Defence Ministry signed a ₹22,000-crore deal with Airbus and Space S.A., Spain for procurement of 56 C-295MW transport aircraft to replace the Avro aircraft in service with the IAF. C-295 aircraft deal is valued at around $2.5 billion, and it will significantly impact bilateral relations as well as economic ties between India and Spain.
What are the minimum financial asset requirements for an individual to qualify as an Accredited Investor under the IFSCA (Fund Management) Regulations, ...
In the context of documentary credit, which of the following is typically considered a "compliant document"?
Net interest position of the bank has which of the following characteristics?
What is the newly introduced threshold for the TReDS platform, according to the Finance Act 2023?
What is the full form of UIDF which is to be established as per Union Budget 2023-24?
Which of the following risks are considered as non financial risks faced by a bank
Where are the fictitious assets shown in the financial statements?
If 28000 units are introduced in a process and normal loss is 5% of input, Closing WIP is 6000 units which is 40% complete and rest of the good units ar...
According to the Union Budget 2023-24, consider the following statements.
1. Government will recruit 38,800 teachers and support staff for the ...
Under the SARFAESI Act, what is the maximum period within which an Asset Reconstruction Company (ARC) is required to resolve an NPA after acquiring it?