All proposals for acquisition of weapon systems involving capital expenditure of more than Rs 1,000 crore require the approval of the:

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Q: 33 (CAPF/2015)
All proposals for acquisition of weapon systems involving capital expenditure of more than Rs 1,000 crore require the approval of the:

question_subject: 

Polity

question_exam: 

CAPF

stats: 

0,42,106,28,15,63,42

keywords: 

{'weapon systems': [0, 0, 0, 1], 'proposals': [2, 2, 0, 9], 'capital expenditure': [0, 0, 0, 1], 'approval': [7, 0, 1, 3], 'acquisition': [1, 0, 2, 7], 'cabinet committee': [1, 0, 1, 4], 'crore': [0, 0, 1, 0], 'defence minister': [1, 0, 1, 0], 'economic affairs': [2, 0, 2, 3], 'rs': [0, 0, 9, 3], 'security': [2, 0, 4, 9]}

The correct answer is option 4: Cabinet Committee on Security.

This committee is responsible for making decisions on strategic and security-related issues, including the acquisition of weapon systems involving significant capital expenditure. This means that any proposal for the acquisition of weapon systems with a capital expenditure of over Rs 1,000 crore must be approved by the Cabinet Committee on Security.

Option 1: Defence Minister. While the Defence Minister is an important decision-maker in the defense sector, in this case, the approval of the acquisition proposal goes beyond the level of the Defence Minister.

Option 2: Prime Minister. The Prime Minister is the head of the government and has overall decision-making authority. However, the approval for the acquisition of weapon systems with significant capital expenditure is specifically mentioned to require the approval of the Cabinet Committee on Security, which includes the Prime Minister.

Option 3: Cabinet Committee on Economic Affairs. This committee primarily focuses on economic policies and issues. While defense acquisitions may have economic implications, the approval for such acquisitions is specifically mentioned to be the responsibility of the Cabinet Committee on Security.

In conclusion, the correct answer is option 4: Cabinet Committee on Security.