New Student Offer - HELLO

Join Here

Defence Ministry enhances financial powers of Vice Chiefs

Published on November 11, 2018
Union Defence Ministry has enhanced financial powers of three vice chiefs of the armed forces from Rs 100 crore to Rs 500 crore i.e. five times.
Defence Ministry enhances financial powers of Vice Chiefs
  • This comes after Vice Chiefs were granted additional powers to carry out specific procurement to ensure operational preparedness in March 2018.

Details:

  • The decision to enhance financial powers of three Vice Chiefs of the armed forces was taken to give fillip to procurement of arms and ammunition and upgrade of defence preparedness.
  • With the new delegation, the Vice Chiefs will be now able to exercise financial powers upto five times more than existing powers with enhanced ceiling.
  • A number of initiatives have been taken by the Defence Ministry in the recent past to simplify and streamline the procedures and decentralise the decision-making through delegation of powers.

Vice Chiefs of the tri-services:

  • Vice Chief of the Army Staff - Lieutenant General Devraj Anbu
  • Vice Chief of the Naval Staff - Vice Admiral Ajit Kumar
  • Vice Chief of the Air Staff - Air Marshal Anil Khosla

Question:

Q. Union Defence Ministry has enhanced financial powers of three vice chiefs of the armed forces from Rs 100 crore to?
a. Rs 500 crore
b. Rs 600 crore
c. Rs 700 crore
d. Rs 800 crore
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu