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Bank Promotion Exam Guide

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Module: General Practice

Q20: Regarding the Defence Budget allocations for 2026-27, which of the following statements is or are INCORRECT?

The total Defence Outlay has been set at Rupees 7.85 Lakh Crore.




The Capital Outlay for modernization (aircraft, ships) has decreased compared to the previous year's Revised Estimates.




Basic Customs Duty (BCD) has been exempted on components for aircraft manufacturing to boost the MRO sector.
A
1 only
B
2 only
C
1 and 3 only
D
2 and 3 only
✅ Correct Answer: B
Statement 2 is INCORRECT.
The Capital Outlay for modernization has increased to Rupees 2.19 Lakh Crore in the Union Budget 2026-27, not decreased.
Statement 1 is Correct: The total Defence Budget is Rupees 7.85 Lakh Crore.
Statement 3 is Correct: BCD on specific aircraft components and raw materials has been exempted to promote the domestic MRO industry.