Question
With reference to the Stockholm International Peace
Research Institute (SIPRI) "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 ?Solution
- Statements 1 and 2 are correct: India ranked fifth globally at $92.1 billion, and the US maintained its dominant position at the top of the global spending charts.
- Statement 3 is incorrect: China's defense spending did not decrease; it has risen consistently for nearly three decades, keeping pace with its economic scale and regional military modernization strategies.
- Therefore, only Statements 1 and 2 are accurate, making A the right choice.
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