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CLAT 2021 21 Year Experienced Team

f India's arms imports fell 33% between 2011-15 and 2016-20, said a report released by the Stockholm
International Peace Research Institute (Sipri). The report on international arms transfers attributed the
drop in India's arms imports mainly to an attempt to reduce its dependence on Russian arms and complex
procurement processes. Russia was the most affected supplier, although India's imports of US arms also
fell by 46%. India's top three arms suppliers during 2016-20 were Russia (accounting for 49% of India's
imports), France (18%) and Israel (13%), the report. Myanmar, Sri Lanka and Mauritius were the top
recipients of Indian military hardware, the report.

f India has moved down 13 spots in the latest global home price index to finish last at 56th rank in the
quarter ending December 2020. Against its 43rd rank a year ago, India saw a decline of 3.6% yearon-year
(YoY) in home prices, leading to the drop in global position, showed Knight Frank's Global House Price
Index. India was the weakestperforming country during the fourth quarter of 2020, with a decline of 3.6%
in home prices, followed by Morocco with a drop of 3.3%.

f India ranked 40 among 53 global economies on the latest annual edition of the International Intellectual
Property (IP) Index released. The US Chamber of Commerce Global Innovation Policy Centre (GIPC), the
Index evaluates Intellectual Property rights in 53 global economies from patent and copyright policies to
commercialisation of IP assets and ratification of international treaties.

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