Question
With reference to the Stockholm International Peace Research Institute (SIPR
- I "Trends in World Military Expenditure" report, evaluate the following statements: India ranked as the world's absolute fifth-largest defense spender, with an aggregate expenditure touching $92.1 billion. The United States retained its position as the largest military spender globally, making up roughly one-third of total global defense spending. Mainland China's total military expenditure saw a net year-on-year drop compared to its previous budgetary cycles. Which of the statements given above are correct ?
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